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Question

Mohan buy 120 coconuts at rupees 40.each and anoyher 150 coconuts at rupees 30 each. He sells the coconuts at rupees 31 each. Find his gain% or loss%

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Solution

Total no of coconuts =120+150=270

Total Cost price of mohan= (120*40) + (150*30)
=>4800+4500
=>9300

Selling price of coconuts= 270*31
=>8370

Loss% =((C.P. - S.P) /C.P) *100
=>((9300 - 8370)/9300)*100
=>(930/9300)*100
Loss% =>10%


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