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A man buys two types of oranges equal in number, one at for a rupee and the other at for a rupee, and sells the entire lot at for . His gain or loss percent is:

  1. A
    gain
  2. B
    loss
  3. C
    gain
  4. D
    loss

Solution & Step-by-step Explanation

Let the man buy oranges of each type (since is the LCM of and ).
Total oranges bought = oranges.

* Cost Price () of the first type ( for ):



* Cost Price () of the second type ( for ):



* Total Cost Price ():



He sells the whole lot at for (which is per orange).

* Total Selling Price () for oranges:



Now compute the gain or loss:



Practice this question

Try it yourself before checking the explanation above.

A man buys two types of oranges equal in number, one at for a rupee and the other at for a rupee, and sells the entire lot at for . His gain or loss percent is:
A
gain
B
loss
C
gain
D
loss

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