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26 April, 16:51

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

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  1. 26 April, 16:55
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    Pretty sure a loss of - 27.08%, check the formula for loss percent

    Step-by-step 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.
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