Question

A vendor bought oranges at 24 for ₹ 56 and sold them at ₹ 36 per dozen. Find his gain or loss.

Answer 1

Answer:The vendor earns a profit of Rs.8 per dozen by selling oranges.

Step-by-step explanation:

=Given=

=Number of oranges brought by the vendor=24(2 dozens)

=Amount paid by the vendor for the oranges= Rs.56 for 2 dozens of oranges

=Solution=

=Cost of each dozen of oranges= Amount paid by the vendor for the oranges ÷ 2 dozens of oranges

=Rs.56 ÷ 2

=Rs.28

=Profit of the vendor= Rs.36(the cost of the oranges per dozen sold by the vendor) - Rs.28(the cost of the oranges per dozen bought by the vendor)

=Profit=36 - 28

=Profit= Rs.8

=Answer= The vendor earns a profit of Rs.8 per dozen by selling oranges.