A man bought apples at 10 for rs 75

Asked by admin @ 23/08/2021 in Math viewed by 261 People

A man bought apples at 10 for Rs.75 and sold them at Rs.75 per dozen.Find his loss per cent.

Answered by admin @ 23/08/2021

Cost Price of 1 apple = Rs 75 ÷ 10 = Rs 7.50

Selling Price of 1 apple = Rs 75 ÷ 12 = Rs 6.25

Loss = Rs 7.50 - Rs 6.25 = Rs 1.25

Percentage loss = 1.25/7.5 x 100 = 16.67% (nearest hundredth)

Answer: 16.67%

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