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Choose the correct option.
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:
A100/7% gain
B15% gain
C100/7% loss
D15 % loss
Answer: Option (Login/Signup)
Show Explanation
C.P. of 100 orange=350
S.P. of 12 is 48 i.e, 4 of each now of 100 will be 400
So profit = 400 - 350 = 50
Profit = profit * 100% cp = 100/7% gain
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