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Q.

A man purchases some oranges at the rate of 3 for 40 and the same quantity at 5 for 60 If he sells all the oranges at the rate of3 for 50 find his gain or loss percent (to the nearest integer).

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a

31 % profit

b

32% profit

c

34% loss

answer is A.

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Detailed Solution

CP of 15 oranges =5(40)=200

CP of 15 oranges =3(60)=180

Total CP of 30 oranges =580

SP of30 oranges =10(50)=500

 Profit (%)=500380380×10032%

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