ICSE-VIII-Mathematics
08: Profit, Loss and Discount Class 8 Maths
- #2A fruit-seller buys oranges at 4 for Rs.3 and sells them at 3 for Rs.4 Find his profit percent.Ans : Let number of oranges bought = 12
[Note: L.C.M. of 4 and 3 = 12]
∴ C.P. of oranges = Rs. ¾ × 12 = Rs. 9
And S.P. of oranges = Rs. 4/3 × 12
= Rs. 16
∴ Profit = 16 - 9
= Rs. 7
Profit % = Profit/C.P. × 100
= 7/9 × 100
= 700/9%
= 77 7/9%