Profit and Loss Practice Test 7

Question : 7 of 40

Marks: +1, -0

By selling 32 oranges for Rs 30, a man loses 25%. How many oranges should be sold for Rs 24 so as to gain 20% in the transaction?

Solution:

\table \Q ,\SP ,\Loss\/\gain ,\CP;32,30,\Loss 25%,x-{x×25}/100=30;,,,x=40;x,24,\Gain 20%,x+{20×x}/100=24;,,,x=20

Number of oranges sold when CP is Rs 40 = 32
Number of oranges sold when CP is Rs 1 =

32/40

Number of oranges sold when CP is Rs 20

=32/40×20=16

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