A) Gain of 4%
B) Loss of 4%
C) Neither gain nor loss
D) Loss of 5%
Correct Answer: B
Solution :
Let the man buy 60 oranges (LCM of 20 and 30) of each kind. CP of the 69 oranges of the first kind\[=\frac{60}{20}\times 60=Rs.\,\,180\] CP of 60 oranges of second kind \[=\frac{60}{30}\times 60=Rs.\,\,120\] Total CP of 120 oranges \[=Rs.\,\,(180+120=Rs.\,\,300\] Their\[SP=\frac{60}{25}\times 120=Rs.\,\,288\] Loss\[=Rs.\,\,(300-288)=Rs.\,\,12\] \[\therefore \]Loss Percent\[=\frac{12}{300}\times 100=4%\]You need to login to perform this action.
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