Question

Jemima bought 150 oranges at ¢12 and sold them at 6 for 30gp find the profit or loss​

Answer 1

Answer:

The loss is ¢ 4.50

Step-by-step explanation:

To calculate either the profit or loss we must first find the cost price and the selling price

For the cost price

She bought 150 oranges at ¢12

Cost price = ¢ 12.00

For the selling price

She sold 6 at 30 Gp that's ¢ 0.30

If she sold 6 at ¢ 0.30

Then 150 will be 150× 0.3/ 6

Selling price = ¢ 7.50

Since the cost price is higher than the selling price she made a loss

Loss = Cost price - Selling price

Loss = ¢ 12 - ¢ 7.50

Loss = ¢ 4.50

Hope this helps you