A street vender bought 10 dozen oranges at 30 per dozen he sold half of them at ₹ 4 each nd other half at ₹ 3 each find his profit. or loss per cent
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Answer:
profit = Rs. 120
profit% = 40%
Step-by-step explanation:
orange purchased 10 dozen
rate of orange per dozen 30
total cost = 30 × 10 = 300
10 × 12 = 120 oranges
rate of one orange = 300/120 = 2.50
half of the oranges are sold at Rs. 4
120/2 = 60
60 orange sold at Rs 4 each
selling price of 60 orange = 60 × 4 = 240
remaining half of oranges sold at Rs 3 per orange
60 × 3 = 180
total selling price of 120 orange
240 + 180 = 420
profit = selling price - cost price
= 420 - 300
= 120
profit% = profit/ cost price × 100
= 120/300 × 100
= 120/3
= 40%
therefore the profit is Rs. 120
and profit% is 40%
hope you get your answer
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