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A vendor bought 100 oranges at ₹ 8 each. He sold 80 of them at ₹10 each and the remaining 20 oranges at ₹6 each. What is his overall profit or loss pe
Question

A vendor bought 100 oranges at ₹ 8 each. He sold 80 of them at ₹10 each and the remaining 20 oranges at ₹6 each. What is his overall profit or loss percentage?

A.

12.5% profit

B.

10% profit

C.

10% loss

D.

15% profit

Correct option is D

Given
Cost Price (CP) of 1 orange = ₹ 8
Total oranges bought = 100
Selling Price (SP) of 80 oranges = ₹ 10 each
Selling Price (SP) of remaining 20 oranges = ₹ 6 each

Formula Used
Total CP = CP per unit ×\times ​Total units
Total SP = Sum of SP of all sold items
Profit Percentage =  Total SPTotal CPTotal CP×100\frac{\text{Total SP} - \text{Total CP}}{\text{Total CP}} \times 100​​

Solution
Calculate Total Cost Price:
Total CP = 100×8=800100 \times 8 = 800​​
Calculate Total Selling Price:
SP from first 80 oranges = 80×10=800 80 \times 10 = 800​​
SP from remaining 20 oranges = 20×6=12020 \times 6 = 120​​
Total SP = 800 + 120 = 920
Calculate the profit:
Profit = 920 - 800 = 120
Calculate Profit Percentage:
Profit % =  120800×100=15%\frac{120}{800} \times 100 = 15\%​​

Final Answer
So the correct answer is (d)

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