A man buys 6 dozen oranges for Rs. 10.80.12 oranges are found rotten and the rest are sold at
five for a rupee. Find its gain or loss per cent.
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Step-by-step explanation:A man buy 6 dozen oranges for Rs. 10.80. In which 12 oranges are found rotten.
12 oranges are rotten means, 1 dozen organes are rotten.
(As 1 dozen orange = 12 orange)
So,
Remaining orange = 5 dozen
=> 5 × 12 = 60 oranges
It is also said in question that remaining oranges are sold at five for one rupee.
Selling price of 1 orange = Rs. 1/5
And we have remaining oranges = 60
So, selling price of 60 oranges = Rs. 1/5 × 60
=> Rs. 12
So,
Profit of man = 12 - 10.80
=> Rs. 1.2
According to question, we have to find the profit or loss percent of the man.
So,
Profit % = Profit/Cost price × 100
=> 1.2/10.80 × 100
=> 0.1111 × 100
=> 11.11%
∴ The man gain 11.11%
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