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By selling 3 dozen Apple, a vendor loses the selling price of 4 Apple. His loss percent is :1). \(12\frac{1}{2}\% \)2). \(11\frac{1}{9}\% \)3). 10%4). None of these |
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Answer» Let the SELLING PRICE of an apple = RS x ⇒ The selling price of 36 Apples = 36 × x = 36x ⇒ The Selling Price of 4 Apples = 4 × x = 4x ? When 36 Apples were sold the loss was equivalent to Selling price of 4 Apples ⇒ Loss = COST Price - Selling Price ⇒ 4x = Cost Price - 36x ⇒ Cost Price = 40x ⇒ Loss% = Loss/(Cost price) × 100 = (4x/40x) × 100 = 10% |
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