A fruit seller buys some oranges at the rate of for and an equal number more at for . Then he sells the whole lot at the rate of for . What is his loss or gain percentage?
- ANo loss or no gain
- BLoss percent
- CLoss percent
- DGain percent
Solution & Step-by-step Explanation
To simplify calculation, assume the number of oranges bought of each type is the LCM of the quantities , , and .
Let him buy oranges of the first type and oranges of the second type.
Total oranges bought
**Step 1: Calculate the total Cost Price ()**
* Cost of first type ( oranges for ):
* Cost of second type ( oranges for ):
* Total Cost Price ():
**Step 2: Calculate the total Selling Price ()**
* He sells the whole lot ( oranges) at the rate of for :
Step 3: Calculate Loss Percentage
Since , there is a loss.
Thus, there is a loss of .
Let him buy oranges of the first type and oranges of the second type.
Total oranges bought
**Step 1: Calculate the total Cost Price ()**
* Cost of first type ( oranges for ):
* Cost of second type ( oranges for ):
* Total Cost Price ():
**Step 2: Calculate the total Selling Price ()**
* He sells the whole lot ( oranges) at the rate of for :
Step 3: Calculate Loss Percentage
Since , there is a loss.
Thus, there is a loss of .