A man buys 6 dozen oranges for Rs 10.80 . 12 oranges are rotten and the rest are sold at 5 for a rupee ,find his gain or lose %
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The Gain % of man is 11.11 %
Oranges bought = 6 dozens
At = Rs. 10.80
Rotten organes = 12
Rest were sold at = Every 5 at Rs. 1
Its Loss or Gain
As 12 oranges (1 dozen) was rotten, 5 dozens of oranges are good.
Here :
Cost Price = Rs. 10.80
Selling Price = ??
Gain or Loss % = ??
As given in the question, every 5 oranges were sold as Rs. 1.
Selling Price of each orange = Rs.
Selling Price of all the oranges = Rs. 12
12 > 10.80
Selling Price > Cost Price
It's a Gain !
The Gain % of man is 11.11 %
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