A vendor bought oranges at 5 for ₹15 and sold them at 3 for ₹5. Find his loss percent.
Answer & explanation
Correct answer: option 4
CP of 5 = ₹15
CP of 15 = 45
SP of 3 = 5
SP of 15 = 25
Loss% = (45 - 25) × \(\frac{100}{45}\) = $44\frac{4}{9}$%
A vendor bought oranges at 5 for ₹15 and sold them at 3 for ₹5. Find his loss percent.
Correct answer: option 4
CP of 5 = ₹15
CP of 15 = 45
SP of 3 = 5
SP of 15 = 25
Loss% = (45 - 25) × \(\frac{100}{45}\) = $44\frac{4}{9}$%