Question : A girl purchases 9 mangoes for Rs. 90 and sells 10 mangoes for Rs. 95. Find the gain or loss percentage.
Option 1: 2.5% loss
Option 2: 5% loss
Option 3: 2.5% gain
Option 4: 5% gain
Correct Answer: 5% loss
Solution :
Given,
A girl purchases 9 mangoes for Rs. 90 and sells 10 mangoes for Rs. 95.
⇒ Cost Price of each mango = $\frac{90}{9} =\text{Rs. }10$
And Selling Price of each mango = $\frac{95}{10} = \text{Rs. }9.5$
Loss percentage = $\frac{10-9.5}{10}\times 100 = 5\%$
Hence, the correct answer is a 5% loss.
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