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Q1
:
100 oranges are bought at the rate of Rs. 350 and sold at the rate of Rs. 48 per dozen. The percentage of profit or loss is:
A
14
2
% loss
7
B
15% gain
C
14
2
% gain
7
D
15 % loss
Solution
ANS:
A
-
14
2
% gain
7
C.P. of 1 orange = Rs.
350
= Rs. 3.50
100
S.P. of 1 orange = Rs.
48
= Rs. 4
12
Gain% =
0.50
x 100
%
=
100
% = 14
2
%
3.50
7
7
Share :
Gain% =