A vendor buys orange at Rs 26 per dozen and sells 5 of them at Rs 13. find his given percent
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Answer:
Given CP of 1 dozen oranges = Rs. 26
CP of 1 orange = 26/12 = Rs. 2.16
CP of 5 oranges = 2.16 x 5 = Rs. 10.8
Now,
SP of 5 oranges = Rs. 13
Gain = SP – CP = Rs. (13- 10.8) = Rs. 2.2
Gain %= (Gain/CP) x 100 = (2.2/10.8) x 100
Gain = 20.3%
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