A vendor bought 6 oranges for Re 10 and sold them at 4 for Re 6. Find his loss…
2025
A vendor bought 6 oranges for Re 10 and sold them at 4 for Re 6. Find his loss or gain percent.
- A.
45%
- B.
34%
- C.
10%
- D.
49%
Attempted by 28 students.
Show answer & explanation
Correct answer: C
To find the loss or gain percent, first calculate the cost price (CP) and selling price (SP) per orange.
The vendor bought 6 oranges for Re 10, so CP per orange is 10/6 ≈ 1.67.
He sold 4 oranges for Re 6, so SP per orange is 6/4 = 1.50.
Since SP < CP, there is a loss. Loss percent = ((CP - SP)/CP) × 100 = ((1.67 - 1.50)/1.67) × 100 ≈ 10%.
The loss is approximately 10%, so the correct answer is option C (10%).