a vendor bought oranges at 20 for rs 125 and sold them at rs 90 per dozen. find his gain or loss.........plz help me with this question
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Answered by
22
Given that he bought 20 oranges for 125 rupees.
Then the cost price of 1 orange = 125/20
= 6.25
Then the cost price of 1 dozen oranges = 6.25 * 12
= 75.
Given that selling price of one dozen oranges = 90.
SP > CP.
Gain% = (SP - CP)/SP * 100%
= (90 - 75)/90 * 100
= 1/6 * 100
= 16.6667
Hope this helps!
Then the cost price of 1 orange = 125/20
= 6.25
Then the cost price of 1 dozen oranges = 6.25 * 12
= 75.
Given that selling price of one dozen oranges = 90.
SP > CP.
Gain% = (SP - CP)/SP * 100%
= (90 - 75)/90 * 100
= 1/6 * 100
= 16.6667
Hope this helps!
Answered by
20
this is required answer
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