Multiple choice

A fruit seller purchased oranges at the rate of 4 oranges in a rupee, but he sells at the rate of 5 oranges in a rupee. His loss percentage is

  1. $25%$
  2. $20%$
  3. $50%$
  4. $100%$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Cost price = 1/4 rupee per orange. Selling price = 1/5 rupee per orange. Loss = CP - SP = 1/4 - 1/5 = 1/20. Loss% = (1/20) / (1/4) × 100 = (1/20) × 4 × 100 = 20%. Option B is correct.

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