A vendor bought oranges at 26 per dozen and sold them at 5 for 13. His
gain per cent, is
(a) 20%
(b) 30%
(c) 40%
(d) 50%
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Step-by-step explanation:
Cost price of oranges are given as Rs.26/-per dozen
Selling price of 5 oranges =Rs.13
Therefore, selling price of oranges= 13/5
Seling price of 12 oranges = 13/5×12=Rs.31.20 per dozen
Selling price of oranges >cost price of oranges.
So, gain occurs.
Gain on selling a dozen of oranges =S.P−C.P.=31.20−26=5.20
Gain% =Gain×100=5.2×100=52×100=20 %
Gain % = (a) 20 %
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