Explanation:
Given that :
- C.P of 16 oranges is equal to the SP of 22 oranges.
To calculate :
Calculations :
LCM of 16 and 22 is 176.
Let the CP of 16 oranges be Rs. 176 and also let the SP of 22 oranges be Rs. 176.
So,
➝ CP of 16 oranges = Rs. 176
➝ CP of 1 orange = Rs. 176 ÷ 16
➝ CP of 1 orange = Rs. 11
And,
➝ SP of 22 oranges = Rs. 176
➝ SP of 1 orange = Rs. 176 ÷ 22
➝ SP of 1 orange = Rs. 8
______________
Here, CP is greater than SP. So, here is loss.
➝ Loss = CP ― SP
➝ Loss = Rs.(11 ― 8)
➝ Loss = Rs. 3
______________
Finding the loss%,
★ Loss % = {(Loss/CP) × 100} %
➝ Loss % = {3/11 × 100} %
➝ Loss % = 27.27 %
Therefore, loss% is 27.27%.