Oranges are bought at 6 for Rs 10 and sold at 4 for Rs 9. Find the gain% or loss%.
(9/4) / (10/6) = 27/20
so, what % gain is that?
35%
To find the gain% or loss% in this scenario, we need to compare the cost price (CP) and the selling price (SP) of the oranges.
Given:
Oranges are bought at 6 for Rs 10.
Oranges are sold at 4 for Rs 9.
Let's calculate the cost price and the selling price of a single orange.
Cost price (CP) of one orange = 10/6 = Rs 5/3
Selling price (SP) of one orange = 9/4
Now, we can compare the CP and SP to determine if there is a gain or loss.
If CP > SP, there is a loss.
If CP < SP, there is a gain.
If CP = SP, there is no gain or loss.
Let's calculate the gain or loss percentage:
If CP > SP:
Loss = CP - SP
Loss% = (Loss/CP) * 100%
If CP < SP:
Gain = SP - CP
Gain% = (Gain/CP) * 100%
If CP = SP:
No gain or loss
Let's calculate:
CP = Rs 5/3, SP = Rs 9/4
CP < SP, so there is a gain.
Gain = SP - CP
Gain = (9/4) - (5/3)
Gain = (27 - 20) / 12
Gain = 7 / 12
Now, let's calculate the gain percentage:
Gain% = (Gain/CP) * 100%
Gain% = (7/12) * 100%
Gain% = 58.33%
So, the gain% is 58.33%.