A man bought certain apoles at the rate of Ps 15 for 4 and sold them a – InterviewSolution

1.	A man bought certain apoles at the rate of Ps 15 for 4 and sold them at the rate of Rs 15 for 5. What will be his profit or loss percent?
Answer» -step explanation:According to the questionThe cost of 4 APPLES is = RS. 15The cost of 1 apple is = Rs. 15/4The SP of 5 apples is = Rs. 16The SP of 1 apple is = Rs. 16/5Here CP > SP,So Loss = CP - SP= 15/4 - 16/5= 11/20Loss % = Loss/ CP x 100Loss % = (11/20) / 15/4 x 100= 44/3 % or 14.67 % answer

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