1) A vendor bought oranges at 26 per dozen and sold them at 5 for 13. His
gain per cent, is
(a) 20%
(6) 30%
(c) 40%
(d) 50%
Answers
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Cost Price---
12 oranges for 26
So 1 for 26/12 = 13/6
Selling Price ---
5 for 13
So 1 for 13/5
Hence SP > CP
Therefore profit...
Gain % = Gain / CP ×100
= 0.44 / 2.16 × 100
= 20.3 %
Nearly 20% is the answer Option (a)
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