A vendor loses the selling price of 4 apples on selling 32 apples. His loss percent isOptions11.11%152035
Question
A vendor loses the selling price of 4 apples on selling 32 apples. His loss percent is
Options
- 11.11%
- 15%
- 20%
- 35%
Solution
The problem states that a vendor loses the selling price of 4 apples on selling 32 apples. This means that the cost price of 32 apples is equal to the selling price of 36 apples (32 + 4).
Let's assume the cost price of one apple is 32.
Since the cost price of 32 apples is equal to the selling price of 36 apples, this means that the selling price of one apple is 0.89 (approximately).
The loss on one apple is therefore 0.89 = $0.11.
To find the loss percentage, we divide the loss by the cost price and multiply by 100.
So, the loss percentage is (1) * 100 = 11.11%.
Therefore, the vendor's loss percent is 11.11%.
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