Journal for Dishonour Incase of Holding till Maturity
A person sell...
Question
A person sells 36 oranges per rupee and suffers a loss of 4% Find how many oranges should be sold per rupee to have a gain of 8%.
A
32
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B
40
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C
30
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D
28
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Solution
The correct option is A32 CP of 6 oranges at 4% loss = 1×10096=10096=2524 SP at 8% gain = 2524×108100=98 Rs. 98 is the SP of 36 oranges. Rs. 1 is the SP of 369×8 = 32 oranges.