A vendor buy 3 dozen oranges at Rs 25 per dozen and sales them at 5 for
Rs 12. Find his gain percent
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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 =
5
13
×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 %
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