Question
Download Solution PDFA shopkeeper bought 288 oranges for Rs. 115.20. He sold 50 of them at 70 paise each and the remaining at Rs. 46.20. Find his profit or loss.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Cost of 288 oranges = ₹115.20
Selling price of 50 oranges = 50 × ₹0.70 = ₹35.00
Selling price of remaining 238 oranges = ₹46.20
Formula used:
Total selling price = Selling price of 50 oranges + Selling price of 238 oranges
Profit or Loss = Total selling price - Cost price
Calculation:
Total selling price = ₹35.00 + ₹46.20
⇒ Total selling price = ₹81.20
⇒ Loss = ₹81.20 - ₹115.20
⇒ Loss = ₹34.00
∴ The shopkeeper made a loss of ₹34.00.
Last updated on Jun 24, 2025
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