100 oranges are bought at the rate of ₹350 and sold at the rate of ₹48 per dozen. the percentage of profit or loss is?
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c.p of 100 oranges = 350
100 oranges = 100/12 = 8 dozens + 4 oranges
1 dozens s.p = 48
8 dozens s.p = 48*8=384
4 0ranges s.p = 48/12*4 = 16
100 oranges sp = 400;
profit = 50
profit% = 50/350*100 = 100/7%
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