By selling 80 oranges, a man gains the selling price of 20 oranges. find the gain percentage.
Hi Simran,
Let's look at the given terms in question
Total number of oranges sold = 80
Gain = SP of 20 oranges
Now,
Let the Selling Price (SP) of 1 orange be Rs. 1
So the Selling Price of 80 oranges will be Rs. 80
Gain is Selling Price of 20 oranges that is equal to Rs. 20
So the Cost Price (CP) will be = Rs. 80 - Rs. 20 = Rs.60
Gain % = (20 / 60) X 100 = 100 / 3
= 33 (1/3)% Ans.