a fruitseller bought 26 dozen orangs at the rate of ₹75 per dozen.Out of all oranges, 29 oranges were spoiled and sold the remaining at ₹1415. Determine. (a) the selling price of 1 orange (b) the total profit or loss percent
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Oranges purchased=26 dozen.
Price per dozen= 75 Rs.
Total cost price= 26 * 75= 1950 rs.
cost of one orange = 6.25 rs.
Oranges spoiled=29
Oranges remaining= 312 - 29 = 283
Total number of oranges= 283
Total selling price= 1415 rs/-
a) Selling price per orange=1415 / 283 = 5 rs.
b) s.p - c.p = 1415 - 1950= -535 rs.
therefore, loss = 535 rs.
loss percentage = ( loss *100)/c.p
= ( 535 * 100)/1950
= 27.5 percentage
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