Question

a merchant brought 60 orange at
10 per dozen if he sells10 orange
12 rupees.what is his profit orloss

Answer 1

No of oranges = 60
60 oranges = 5 dozen
He bought the oranges at the cost of 10 per dozen.
So cost price = 5 × 10 = rupees 50
He sells them at 12 rupees per dozen.
Selling price = 12 × 5 = rupees 60
Profit = selling price - cost price
= 60 - 50 = 10
So he earned a profit of rupees 10.

Hope it helps you.