A shopkeeper bought some quantity of oranges at the rate of 4 in ₹ 3 and same quantity at the rate of 3 in ₹ 4. He sold all these oranges at the rate of 2 in ₹ 3. Find percentage of profit or loss during the whole transaction. |
25% profit 44% loss 44% profit 25% loss |
44% profit |
Quantity Price 4 × 3 3 × 3 (make quantity equal) 3 × 4 4 × 4 ----------- ------------ CP 24 25 2 × 12 3 × 12 (sold all 24 oranges) SP 24 36
Profit % = \(\frac{(36-25)}{25}\) × 100 = 44%
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