Question

A vendor bought oranges at 20 for $ 56 and sold them at $ 35 per dozen. Find his gain or loss per cent.

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Answer 1

Answer:

Answer = 4%

Step-by-step explanation:

• Cost of 20 orange = $56
• Cost of 1 Orange = $56/20
• =$2.8
• Cost of 12 orange = $2.8×12
• =$33.6

• profit = $35-$33.6
• =$1.4

• profit% = actual profit/ C.P×100
• = 1.4/35×100
• = 0.2/5×100
• = 0.2×20
• = 4%

Answer 2

Step-by-step explanation:

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