A fruit seller bought 5 dozen apples for rupees 300 . If he sold each apple at rupees 6 , find the profit or loss he had made.
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cost price = Rs 300
1 dozen = 12 apples
5 dozen = 60 apples
selling price = number of apples × price of each apples
= 60 × 6
= Rs 360
profit = 360 - 300 = Rs 60
Therefore he made profit of Rs 60
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