Question

A man buys oranges at rs. 48 per dozen and sells each for rs. 4.50 . Find his percent of profit

Answer 1

Answer:

Step-by-step explanation:

Cp = rs.48

Sp = ?

1 dozen = 12 pieces

So, Sp = 12*4.5

= rs. 54

Profit = Sp-Cp

= 54 - 48

= 6

Now, profit% = Profit/Cp*100

= 6/48*100

= 12.5%