Question

a vendor brought at oranges at 20 for 125 and sold them at 90 per dozen. Find his
A vendor bought oranges at 20 for 125 an
gain or loss per cent,​

Answer 1

Answer:

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