Question

A fruit seller bought a few oranges at rupees 60 per dozen and sold at rupees 5.50 each? How much percent profit or loss did he make? Find it.​

Answer 1

Answer:

solution is attached above.

Answer 2

Answer:

profit = rupees 6

percent of profit is 10%

Step-by-step explanation:

He bought a dozen for rupees 60.

12 apples = 60 rupees

1 orange = 60÷12 = 5

Cost price of 1 orange is 5 rupees.

He sold 1 apple for 5.50 rupees.

selling price of 12 oranges = 5.50 × 12 = 66

Selling price - cost price = Profit

66 - 60 = 6

Profit = 6 rupees.

Percent of profit = Cost price ÷ profit = 60÷6 = 10%

I hope it helps :)