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If the cost price of 40 oranges is equal to the selling price of 50 oranges, then the profit/loss…

Let the cost price per orange be \(c\) and the selling price be \(s\). Since \(40c = 50s\), the selling price is \(s\) \(= \frac{40}{50}c\) \(= 0.8c\). The selling price is…

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If the cost price of 40 oranges is equal to the selling price of 50 oranges, then the profit/loss percent is:

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Let the cost price per orange be cc and the selling price be ss. Since 40c=50s40c = 50s, the selling price is ss =4050c= \frac{40}{50}c =0.8c= 0.8c. The selling price is below cost, so the loss is c−0.8cc×100%\frac{c - 0.8c}{c}\times100\% =20%= 20\%.

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