Multiple Choice Questions on By selling 36 oranges a vendor loses the selling price of 4 oranges His loss per cent is ........ for Mathematics - All Exams Preparation

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Multiple Choice Questions

By selling 36 oranges a vendor loses the selling price of 4 oranges His loss per cent is ........

Quantitative Aptitude ( CCS) Profit and loss
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    By selling 36 oranges, a vendor loses the selling price of 4 oranges. His loss per cent is ?

    12 ½ %

    Incorrect Answer

     11 1/9%

    Incorrect Answer

     10%

    Correct Answer

    None of these

    Incorrect Answer
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    Explanation:

    Let the s. p. of 1 orange = 1
    SP of 36 oranges = 36
    Loss = SP of 4 oranges = 4
    Loss = CP -  SP
    4 = CP -  36,
    CP = 40
    Loss% = Loss/ CP * 100
    4/40*100 = 10%
    Loss% = 10%

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