A vendor buys oranges at rupees 26 per dozen and sells them at 5 for rupees 13. Find his gain percentage. If any nonsense answer will be given I will report
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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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