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Apple is costlier than orange by 25 percent. by what percent orange is cheaper than apple |
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Answer» LET the Cost PRICE and Selling Price be CP and SP respectively Now according to the problem, the man GAINS a cost price of 20 oranges upon selling 80, which MEANS - Profit upon selling 80 oranges = TOTAL cost price of 20 oranges => 80 x SP - 80 x CP = 20 x CP => 4 x SP - 4 x CP = CP => 4 x SP = 5 x CP => SP = 5/4 CP Now, Profit %age = (Profit/Total Cost Price) x 100 % = [80 (SP - CP) / 80 CP ]x 100 % = (5/4 CP - CP) / CP ]x 100 % = 100/4% = 25% |
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