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A fruit seller buys 300 oranges at 5 for...

A fruit seller buys 300 oranges at 5 for ₹ 8 and sold at 2 for ₹ 5. Find: profit or loss on selling one orange

Text Solution

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Since, the cost price of 5 oranges =`₹8therefore` Cost price of one (or each) orange `₹ 8/5=?1.60`
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Knowledge Check

  • A fruit seller bought 600 mangoes at 6 for Rs . 5 and sold at 5 for Rs. 6 .Find the profit or loss percentage .

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