Question

A vendor bought oranges at 48 per dozen and sold them for 5 each. Find the gain or lose percent​

Answer 1

Answer:

Gain 20%

Step-by-step explanation:

Given that,

Cost price of 12 oranges = Rs. 26

Selling price of 12 oranges = (13/5)*12

= Rs. 31.2

So, gain = Rs 5.2

Hence, gain percentage = (5.2/26)×100

= 20%