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A man purchases some oranges at the rate...

A man purchases some oranges at the rate of 3 for Rs 40 and the same quantity at 5 for 60. If he sells all the oranges at the rate of 3 for 50, find his gain or loss percent (to the nearest integer).

A

a)31% profit

B

b)34% loss

C

c)31% loss

D

d)32%profit

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AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will first calculate the cost price (CP) of the oranges and then the selling price (SP) before finding the profit or loss percentage. ### Step 1: Calculate the total cost price (CP) of the oranges. 1. **Purchase the first quantity of oranges:** - Rate: 3 oranges for Rs 40 - Cost per orange = 40 / 3 = Rs 13.33 (approximately) Let's assume he buys 15 oranges (to make calculations easier). - Number of oranges purchased = 15 - Total cost for 15 oranges = (15 / 3) * 40 = 5 * 40 = Rs 200 2. **Purchase the second quantity of oranges:** - Rate: 5 oranges for Rs 60 - Cost per orange = 60 / 5 = Rs 12 Again, he buys 15 oranges. - Total cost for 15 oranges = (15 / 5) * 60 = 3 * 60 = Rs 180 3. **Total cost price (CP) of all oranges:** - Total CP = Cost of first quantity + Cost of second quantity - Total CP = 200 + 180 = Rs 380 ### Step 2: Calculate the total selling price (SP) of the oranges. 1. **Selling price of oranges:** - Rate: 3 oranges for Rs 50 - Selling price per orange = 50 / 3 = Rs 16.67 (approximately) He has a total of 30 oranges (15 from each purchase). - Total SP for 30 oranges = (30 / 3) * 50 = 10 * 50 = Rs 500 ### Step 3: Calculate profit or loss. 1. **Profit = Selling Price - Cost Price** - Profit = SP - CP - Profit = 500 - 380 = Rs 120 ### Step 4: Calculate profit percentage. 1. **Profit Percentage = (Profit / Cost Price) * 100** - Profit Percentage = (120 / 380) * 100 - Profit Percentage = 31.57% (approximately) ### Step 5: Round to the nearest integer. 1. **Final Profit Percentage:** - Rounding 31.57% gives us 32%. ### Final Answer: The gain percent is **32%**. ---
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