A fruit seller buys oranges at 4 for $3 and sells them at 3 for $4.Find his profit percent.
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cost price of each orange= 3/4
selling price of each orange = 4/3
net gain on one orange= (4/3)-(3/4) = 7/12
gain in percentage = [(7/12)/(3/4)]x100=700/9=77.77%
selling price of each orange = 4/3
net gain on one orange= (4/3)-(3/4) = 7/12
gain in percentage = [(7/12)/(3/4)]x100=700/9=77.77%
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