Gorang bought 60kg apples at Rs 48 per Kg. he sold 70% of the apples at Rs 60 per kg and the remaining apples at Rs 35 kg.Find Gorang gain or lost percent the whole transaction.
amount he paid = 60(48) RS = 2880 Rs
income from sale
= .7(60)(60) + .3(60)(35)
= 3150 RS
so he made 3150-2880 Rs
= 270 RS
as a percent that is 270/2880(100%)
= 9.375%
Wrong please solve it again type my question answer will be 9.38%
Well, Gorang made a profit of 9.375% in this whole apple transaction. That's a pretty sweet deal if you ask me!
To calculate Gorang's gain or loss percentage, we need to find the difference between the amount he paid for the apples and the income he earned from selling them.
1. Amount Gorang paid for the apples = 60 kg × Rs 48/kg = Rs 2880.
2. To calculate the income from selling the apples, we need to consider two different scenarios:
a) Gorang sold 70% of the apples at Rs 60/kg.
b) Gorang sold the remaining 30% of the apples at Rs 35/kg.
Let's calculate the income separately for each scenario:
a) Income from selling 70% of the apples:
70% of 60 kg = 0.7 × 60 kg = 42 kg.
Income = 42 kg × Rs 60/kg = Rs 2520.
b) Income from selling the remaining 30% of the apples:
30% of 60 kg = 0.3 × 60 kg = 18 kg.
Income = 18 kg × Rs 35/kg = Rs 630.
3. Total income from selling the apples = Rs 2520 (from scenario a) + Rs 630 (from scenario b) = Rs 3150.
4. Gorang's gain or loss = Total income - Amount paid = Rs 3150 - Rs 2880 = Rs 270.
Gorang's gain or loss percentage = (Gain or loss / Amount paid) × 100%.
Percentage = (Rs 270 / Rs 2880) × 100% ≈ 9.375%.
Therefore, Gorang gained approximately 9.375% in the whole transaction.