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A fruit-seller buys oranges at 4 for Rs ...

A fruit-seller buys oranges at 4 for Rs 3 and sells them at 3 for Rs 4. Find his profit percent.

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To find the profit percent of the fruit-seller who buys and sells oranges, we can follow these steps: ### Step 1: Determine the Cost Price (CP) of one orange. The fruit seller buys 4 oranges for Rs 3. \[ \text{Cost Price of 4 oranges} = \text{Rs } 3 \] To find the cost price of one orange, we divide the total cost by the number of oranges: \[ \text{CP of 1 orange} = \frac{3}{4} \text{ Rs} \] ### Step 2: Determine the Selling Price (SP) of one orange. The fruit seller sells 3 oranges for Rs 4. \[ \text{Selling Price of 3 oranges} = \text{Rs } 4 \] To find the selling price of one orange, we divide the total selling price by the number of oranges: \[ \text{SP of 1 orange} = \frac{4}{3} \text{ Rs} \] ### Step 3: Calculate the Profit. Profit is calculated as the difference between the selling price and the cost price. \[ \text{Profit} = \text{SP} - \text{CP} = \frac{4}{3} - \frac{3}{4} \] To subtract these fractions, we need a common denominator. The least common multiple of 3 and 4 is 12. \[ \frac{4}{3} = \frac{16}{12} \quad \text{and} \quad \frac{3}{4} = \frac{9}{12} \] Now, substituting back into the profit equation: \[ \text{Profit} = \frac{16}{12} - \frac{9}{12} = \frac{7}{12} \text{ Rs} \] ### Step 4: Calculate the Profit Percent. Profit percent is calculated using the formula: \[ \text{Profit Percent} = \left( \frac{\text{Profit}}{\text{CP}} \right) \times 100 \] Substituting the values we have: \[ \text{Profit Percent} = \left( \frac{\frac{7}{12}}{\frac{3}{4}} \right) \times 100 \] To divide these fractions, we multiply by the reciprocal: \[ \text{Profit Percent} = \left( \frac{7}{12} \times \frac{4}{3} \right) \times 100 \] Calculating this gives: \[ \text{Profit Percent} = \left( \frac{28}{36} \right) \times 100 = \frac{700}{9} \approx 77.78\% \] Thus, the profit percent of the fruit seller is: \[ \text{Profit Percent} \approx 77 \frac{7}{9} \% \] ### Summary of Steps: 1. Calculate the cost price of one orange. 2. Calculate the selling price of one orange. 3. Find the profit by subtracting the cost price from the selling price. 4. Calculate the profit percent using the profit and cost price.
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ICSE-PROFIT, LOSS AND DISCOUNT -EXERCISE 8 (A)
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  2. A fruit-seller buys oranges at 4 for Rs 3 and sells them at 3 for Rs ...

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  9. Mohit sold a T.V. for Rs 3,600, gaining one sixth of its selling price...

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  10. By selling a certain number of goods for Rs 5,500, a shopkeeper loses ...

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  11. By selling a certain number of goods for Rs 5,500, a shopkeeper loses ...

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  12. By selling a certain number of goods for Rs 5,500, a shopkeeper loses ...

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  13. The selling price of a sofa-set is (4)/(5) times of its cost price. Fi...

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  14. The cost price of an article is (4)/(5) times of its selling price. Fi...

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  15. A shopkeeper sells his goods at 80% of their cost price. Find his perc...

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  16. The cost price of an article is 90% of its selling price. What is the ...

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  17. The cost price of an article is 30 percent less than its selling price...

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  18. A shopkeeper bought 300 eggs at 80 paisa each. 30 eggs were broken in ...

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  20. A man sold his bicycle for Rs 405 losing one-tenth of its cost price....

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