1. **Problem statement:** A person buys oranges at the rate of 6 per 10 units of money and sells them at the rate of 6 per 8 units of money. We need to find the profit or loss percentage.
2. **Understanding the problem:**
- Cost Price (CP) for 6 oranges = 10 units
- Selling Price (SP) for 6 oranges = 8 units
3. **Formula for profit or loss percentage:**
$$\text{Profit or Loss \%} = \frac{\text{Profit or Loss}}{\text{Cost Price}} \times 100$$
4. **Calculate profit or loss:**
- Profit or Loss = SP - CP
- Here, SP = 8 units, CP = 10 units
- Profit or Loss = 8 - 10 = -2 units (negative means loss)
5. **Calculate loss percentage:**
$$\text{Loss \%} = \frac{2}{10} \times 100 = 20\%$$
6. **Conclusion:** The person incurs a loss of 20%.
Profit Loss Percent 063D69
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