Cost of 4 mangoes = Rs. 6
Cost of 1 mango = Rs. 6/4 = Rs. 1.5
Now, Selling Price of 4 mangoes = Rs. 4
Selling Price of 1 mango = Rs. 4/4 = Rs. 1.0
- We observe that, S.P < C.P
Hence, the shopkeeper incurs a loss.
Required loss% = loss/C.P x 100
Loss = 1.5 - 1 = 0.5
C.P = 1.5
Loss% = (0.5/1.5) x 100
= (5/15) x 100
= 1/3 x 100
= 100/3
= 33.333%.
