Question

100 oranges were bought for 350 and sold at the rate of 480. Find the profit or loss.
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Answer 1

Answer:

C.P. of 100 oranges = Rs. 350

S.P of 12 oranges = Rs. 48

S.P of 100 oranges = Rs.12

48 ×100= Rs. 400

Profit =400−350= Rs. 50

∴ Profit % = 50/350 ×100= 7/100 =14^2/7%

Step-by-step explanation:

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Answer 2

CP of 100 oranges = ₹350

SP of 100 oranges = ₹480

(480 > 350) = profit

Profit = SP - CP

= ₹480 - ₹350 = ₹130

Therefore, A profit of ₹130 on 100 oranges.