Multiple Choice Questions on A man purchases a certain no of oranges at Rs 10 each and same no at Rs 8 He mixes them together and........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A man purchases a certain no of oranges at Rs 10 each and same no at Rs 8 He mixes them together and...........

Quant (SSC) Profit and loss
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    A man purchases a certain no of oranges at Rs.10 each and same no at Rs.8. He mixes them together and sells them at each Rs.8.What is his gain or loss % ?

    11.11% gain

    Incorrect Answer

    11.11% loss

    Correct Answer

    12.5% loss

    Incorrect Answer

    17.5% gain

    Incorrect Answer
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    Explanation:

    5 oranges(Rs.10) = 50
    5 oranges(Rs.8) = 40
    10 oranges (Rs.8) = 80
    5 oranges(Rs.10) + 5 oranges(Rs.8) = 50+40 = 90
    % = (90-80)*100/90 = 11.11% loss

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