Question

Sam buys 20 boxes of oranges.

There are 25 oranges in each box.

Each box of oranges costs £7.

Sam sells 2/5 of the oranges he brought.

He sells each of these oranges for 40p.

He then sells all of the remaining oranges at 3 oranges for 50p.

Did Sam make profit or did Sam make a loss?

Answer 1

2/5 of 500= 200 times 0.40=£80
the rest 500-200=300
3 oranges for 50p. 100 times 0.5 =£ 50 over £130
Sam made a loss (140-130=£10)