Question

A man bought at the cost of $5$ plums a rupee and $2$ oranges a rupee. He sells $10$ plums and $6$ oranges at the selling price of $4$ plums a rupee and $3$ oranges a rupee. What is his gain or loss?

• A. Gain $50$ paise
• B. Loss $50$ paise
• C. Gain $30$ paise
• D. Loss $30$ paise

Answer 1

The correct option is B Loss $50$ paise

Cost price of $1$ plum $=\frac{100}{5}=20$ paise
Cost price of $10$ plum $=20\times 10=200$ paise
Cost price of $1$ orange $=\frac{100}{2}=50$ paise
Cost price of $6$ oranges $=50\times 6=300$ paise
Selling price per plums $=\frac{100}{4}=25$ paise
So, selling price of $10$ plums $=25\times 10=250$ paise
Selling price of $6$ oranges $=200$ paise
Total cost price $=200+300=500$ paise
Total selling price $=250+200=450$ paise
So, loss $=500-450=50$ paise.