Practicing Success
A man purchased 7 oranges in Rs.13 and sold 10 oranges in Rs.16. Find his profit or loss percentage. |
20\(\frac{11}{13}\)% 11\(\frac{11}{13}\)% 13\(\frac{11}{13}\)% 15\(\frac{11}{13}\)% |
13\(\frac{11}{13}\)% |
Qty. Rs. CP 7 13 SP 10 16 ⇒ Make quantity equal Qty. Rs. CP 10× (7 13) SP 7× (10 16) ⇒ Qty. Rs. CP 70 130 SP 70 112
CP (130) > SP (112) and the difference is Rs.18 So loss = \(\frac{18 × 100}{130}\) = 13\(\frac{11}{13}\)% |