4. A person buys 2 dozen oranges at the rate of Rs. 24 per dozen, and sells them at Rs. 3 each. What is his profit or loss? 1) Profit of Rs.12 2) Loss of Rs. 12 3) Profit of Rs. 24 4) Loss of Rs. 24
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Answer:
48 rupee per dozen
if price is 3
for 24 oranges
he will have total selling price as 24*3
= 72
answer is option 3
so
he will have profit of 24 rupees
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