Question

a fruitseller bought 200 oranges for 120 a score.He found 25 oranges rotten.He sold the remaining oranges for 5 each.Find his profit or loss percentage

Answer 1

Pretty sure a loss of -27.08%, check the formula for loss percent

Explanation:

Assuming this means 120 for 20 oranges.

so for 200, every 20 was bought for 120.

There are 10 20s in 200 so that's 10 score, which means 120*10 = 1200

So 1200 was spent.

25 were rotten which means they now have 175

selling for 5 each means 5*175 = 875 was the profit.

Since they spent 1200 and made 875 there was a loss.

Then I think percent loss/ gain is (revenue - cost)/cost where revenue is what was made and cost is what was spent. so this makes (875-1200)/1200 = -.2708 = -27.08%

Kinda rusty on this so double check what loss percent is.