A market woman buys 10 oranges for 80 and sells them for 10 each. What is her percentage profit of loss

Answer 1

Let's calculate the total cost of 10 oranges for the market woman first.

Cost price of 10 oranges = 10 oranges * 80 = 800

Now, let's calculate the total selling price of 10 oranges for the market woman.

Selling price of 10 oranges = 10 oranges * 10 = 100

Profit = Selling Price - Cost Price
Profit = 100 - 80 = 20

Now, let's calculate the percentage profit.

Percentage Profit = (Profit / Cost Price) * 100
Percentage Profit = (20 / 800) * 100 = 2.5%

Therefore, the market woman made a profit of 2.5% by selling 10 oranges.