A trader bought 100 oranges at 5 for N1.20, 20 oranges got spoilt and the remaining were sold at 4 for N1.50. Find the percentage gain or loss.

a

30% gain

b

25% gain

c

30% loss

d

25% loss

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Explanation

Correct Option
b

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Discussions (55)

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crystal jay
13 years ago

Very correct

Mercy212
13 years ago

it's correct

ARONI
6 years ago

thanks to myskul

toremi116
3 years ago

its not correct when the answer arived at 30.00-24.00= 6 the how can 100% go in 6 and will give us 25

oninivami
3 years ago

I paid for activation fee but I haven't received code

Estie1
3 months ago

The Ai explanation actually helped 🙂

sunday5677
6 months ago

dats very clear 👍👍👍

ifexy005
11 years ago

very clear, thanks to myskul

Ayy.yy.yy
1 year ago

All thanks to my school

Kosi02
5 years ago

The cost price should be 80/5 × 1.2 and not 100/5 × 1.2 because what is put into consideration is the amount of the oranges bought which was sold, and not the total amount spent on buying it.
Ergo, the answer should be 25% loss (D) and not gain. Thank you for understanding.

pazito
11 years ago

exactly the way I solved It... it will improve me

adeniyi5370
12 years ago

datz correct.

2009_melo
3 years ago

Correct, I understand now👍👍👍

Okesky25
12 years ago

very good

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