Question : A vendor loses the selling price of 4 oranges on selling 36 oranges. His loss percent is:
Option 1: $12\frac{1}{2}\%$
Option 2:
$9\%$
Option 3:
$10\%$
Option 4:
$11\frac{1}{2}\%$
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Correct Answer:
$10\%$
Solution :
Let the selling price of one orange = Re. 1
The selling price of 36 oranges = Rs. 36
Loss on 36 oranges = Rs. 4
The cost price of 36 oranges = 36 + 4 = Rs. 40
Loss percentage = $\frac{\text{Loss}}{\text {Cost Price}}$ × 100
Loss percent = $\frac{4}{40}$ × 100 = 10%
Hence, the correct answer is $10\%$.
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