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| Topic: Do You Still Remember? Can You Solve This? | |
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Here comes my input. Pls dont mind the way I will arrange the detail. I aint using a system,just a mobile phone. Now, if 5 oranges cost $1.2, then 1 orange would cost (1.2/5)=$0.24 Since he bought 100 oranges,the CP would be 100*0.24=$24. Now,since 20 oranges got spoilt,he could only sell 80 oranges. He then sold 4 for $1.50 which means one would cost $(1.50/4)=$0.375 So the SP of 80 oranges would be 80*$0.375=30 So we got; CP=$24 SP=$30 So Gain=$30-$24=$6 %gain=/CP*100%=6/24*100% =1/4*100% =(100/4)% =25% gain. So the correct option is 25% . I hope I didnt make typo mistakes!!!!!! Hahahaha 'Lovely' (Both the 'puzzle' & the 'explanation')! 
Thank You for sharing, 'Mate'! 
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I thank all the great minds that contributed to solve this simple maths. I am here to learn and contribute my little knowledge on some issues. Mingle2 is awesome!! Yes, and presence of 'such' people makes not only 'Mingle' but this 'world' at large, a much 'better' place to dwell in. 
Keep 'Rocking'!
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I thank all the great minds that contributed to solve this simple maths. I am here to learn and contribute my little knowledge on some issues. Mingle2 is awesome!! Yes, and presence of 'such' people makes not only 'Mingle' but this 'world' at large, a much 'better' place to dwell in.
Keep 'Rocking'!
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I thank all the great minds that contributed to solve this simple maths. I am here to learn and contribute my little knowledge on some issues. Mingle2 is awesome!! Yes, and presence of 'such' people makes not only 'Mingle' but this 'world' at large, a much 'better' place to dwell in.
Keep 'Rocking'!
Thank You! And as I vouchsafe, "You'll 'conquer' too, some blessed day!"
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I'm starting to think this is how the IRS calculates my taxes.... |
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ok so loss is 31.25% The loss only gets calculated if there is an actual loss. You overthought the problem and calculated PROJECTED gain or virtual gain, not the ACTUAL gain. In that case, your calculations are overly ambitious but correct. But that is not what the question asked. That could be a follow up question. |
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I thank all the great minds that contributed to solve this simple maths. I am here to learn and contribute my little knowledge on some issues. Mingle2 is awesome!! Yes, and presence of 'such' people makes not only 'Mingle' but this 'world' at large, a much 'better' place to dwell in.
Keep 'Rocking'!
Go on, gurrrllllll!!! 
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I thank all the great minds that contributed to solve this simple maths. I am here to learn and contribute my little knowledge on some issues. Mingle2 is awesome!! Thank you for exercising our brains.
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I thank all the great minds that contributed to solve this simple maths. I am here to learn and contribute my little knowledge on some issues. Mingle2 is awesome!! Thank you for exercising our brains.
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uche9aa stated >>>
A trader bought 100 oranges at 5 for $1.20, 20 oranges got spoilt and the remaining were sold at 4 for $150. Find the percentage gain or loss Well, excuse me if I question this post; but the 4 @ $150. either seems like a mistake in the placement of the decimal point or the percentage of gain would be a redundant question sense he's already marked up his product to a point that he'd never sell those oranges!!! He'd either have to eat his 80 remaining before they spoiled or give them away or slice them up for the birds/chickens to enjoy! No huge problem Uche9aa; that's why I'd asked first thing this morning ...no harm / no fowl {pardon my pun} I couldn't sell mine highly over priced fruit so I sliced them up and my chickens enjoyed them! See, I too have had a misplaced punctuation FOWL my posts/typing up before and it took me a while to figure out why someone wasn't getting my meaning! Hate that when it happens! So bring on the next QUIZ and we'll do our best to BUST IT as well.  
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