12. A shopkeeper buys 120 oranges at 6 for
Rs. 5 and 180 oranges more at Rs. 1 each and hè sold the whole for 4 per Rs. 6. What is the profit and loss percent.
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Step-by-step explanation:
first
Given
Shopkeeper buys 6 oranges at rs 5
then cost of 120 oranges = 5/6×120= ₹100
Also cost of 180 oranges at the rate 1 Rs each = ₹180
Total cost of (120+180 =300) oranges = 100+180= ₹280
Selling price Of 4 oranges is rs 6
selling price of 300 oranges = 6/4×300= ₹ 450
Hence selling price is more ,then profit
profit = Selling price - cost price
= 450 - 280
= ₹ 170
profit percent = (profit/cost price)×100
= 60.71%
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