Question

A fruit seller bought 120 oranges for 500 and
spent ₹ 60 for packing them into 10 boxes, each
containing a dozen oranges. If he sold a dozen
for $58.8, find the profit percentage.​

Answer 1

Answer:

Step-by-step explanation:

Solution,

Given,

CP = 500 + 60

    = 560

SP = 10 x 58.8

   = 588

Now,

Profit = SP- CP

        = 588 - 560

       = 28

Profit percentage = Profit X 100

                                  CP

                            =  28 X 100

                               560

                          = 5%

hence, the profit percentage is 5%