200 oranges for ₹.1000.sells at ₹.54 per dozen.find loss or gain
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Cost price of 200 oranges = Rs. 1000
Therefore, cost price of 1 orange = Rs. 1000 / 200 = Rs. (1000÷200) = Rs. 5
1 dozen = 12
Selling price of 12 oranges = Rs. 54
Therefore, selling price of 1 orange = Rs. 54 / 12 = Rs. (54÷12) = Rs. 4.50
Since CP > SP,
Therefore, it is LOSS.
Therefore, cost price of 1 orange = Rs. 1000 / 200 = Rs. (1000÷200) = Rs. 5
1 dozen = 12
Selling price of 12 oranges = Rs. 54
Therefore, selling price of 1 orange = Rs. 54 / 12 = Rs. (54÷12) = Rs. 4.50
Since CP > SP,
Therefore, it is LOSS.
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