10. Hundred oranges are bought for Rs350 and all of them are sold at the rate of
R$48 per dozen. Find the profit percent or loss percent made.
GIVE DETAILED EXPLANATION
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sp of one dozen =12 oranges =48
sp of 1 orange = 48/12=4
sp of 100 orange 4*100=400
cp =350
sp =400
sp >cp so profit
profit =400-350=50
profit percent =50/350*100=100/7%
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