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A Man Bought Apples At 10 For ₹ 75 And Sold Them For ₹ 75 Per Dozen. Find His Loss Per Cent.
Given: A Man Bought Apples At 10 For ₹ 75 And Sold Them For ₹ 75 Per Dozen.
To find: We have to find the loss percent.
Solution:
The cost price of one apple -
10 apples = Rs 75
1 apple = $\frac{75}{10}$ = 7.5
Cost Price of one apple = Rs 7.5
Selling price of one apple -
12 apples = Rs 75
1 apple = $\frac{75}{12}$ = 6.25
Selling price of one apple = Rs 6.25
Loss = CP - SP
= 7.5 - 6.25
= 1.25 .
Loss Percentage = $\frac{loss}{cp} \ \times 100$
= $\frac{1.25}{7.5} \ \times 100$
= 16.66 % .
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