Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:
A vendor loses the selling price of 4 oranges on selling 36 oranges. His loss percent is
(a)10\%
(b)11\%
(c)$12 \frac{1}{2} \%$
(d)None of these
Answer
Answer (as printed): A
Explanation
(C.P. of 36 mangoes) - (S.P. of 36 mangoes) = Loss = (S.P. of 4 mangoes) ⇒ S.P. of 40 mangoes = C.P. of 36 mangoes. Let C.P. of each mango be ₹ 1. C.P. of 40 mangoes $=₹ 40$; S.P. of 40 mangoes $=₹ 36$. $$\text { ∴ } \text { Loss } \%=\left(\frac{4}{40} \times 100\right) \%=10 \% .$$
Explanation as extracted from the printed page; notation may be imperfect.