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A trader buys 200 oranges for 60 kobo and sells them at 8 for 12 kobo.what is his gain​

User Zck
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1 Answer

12 votes
12 votes


\qquad\qquad\huge\underline{{\sf Answer}}

Let's solve ~

Cost price for each Orange :


\qquad \tt \dashrightarrow \: (60)/(200)


\qquad \tt \dashrightarrow \:0.3 \: \: kobo

Now, Cost price for 8 oranges :


\qquad \tt \dashrightarrow \:0.3 * 8


\qquad \tt \dashrightarrow \:2.4 \: \: kobo

And we have been given that selling price for 8 oranges is 12 kobo.

Therefore, the gain is :


\qquad \tt \dashrightarrow \:12 - 2.4


\qquad \tt \dashrightarrow \:9.6 \: \: kobo

Percentage gain is ~


\qquad \tt \dashrightarrow \: (9.6)/(2.4) * 100


\qquad \tt \dashrightarrow \:4 * 100


\qquad \tt \dashrightarrow \:400 \: \%

User Roman Minenok
by
3.2k points