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oranges are bought at the rate of Rs15 per dozen and sold at the rate of Rs 20 per dozen. find the gain percent |
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Answer» 1 dozen = 12 pieces So, cost price of 1 dozen of Oranges = Rs 15 So,cost price, C.P. of 1 Oranges = Rs 15 ÷ 12 = Rs 1.25 It is given that the selling price of 12 Oranges = Rs 20 So, selling price, S.P. of 1 Oranges = Rs 20÷12 = Rs 1.66 It is seen that, C.P. of 1 banana < S.P. of 1 Oranges. ∴ Profit obtained on selling 1 Oranges = S.P.—C.P. = Rs 1.66—Rs 1.25 = Re 0.41 Now, Using Formula of Profit% = (0.41/1.25) * 100 = 32.8% sorry but it is wrong answer of this question is 33.33% |
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