LIVE Course for free

Rated by 1 million+ students
Get app now
0 votes
in Profit and Loss by (39.5k points)
closed by

If the selling price of 18 oranges is equal to the cost price of 16 oranges, find the loss percent.

1 Answer

+1 vote
by (38.1k points)
selected by
Best answer

Selling price of 18 oranges = cost price of 16 oranges

Let cost price of 1 orange = Rs. x

Selling price of 18 oranges = Rs. 16x

∴ selling price of 1 orange = \(\frac{16x}{18}\)

Loss = x - \(\frac{16x}{18}\) = Rs. \(\frac{2x}{18}\) = Rs. \(\frac{x}{9}\)

= Loss% = \(\frac{loss}{cost\,price}\)x 100 = \(\frac{\cfrac{x}{9}}{x}\)x 100 = \(\frac{1}{9}\)x 100 = \(11\frac{1}{9}\)%

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.