A vendor buys oranges for Rs.10 a dozen. He sells them at 4 for Rs.5. Find his gain or loss percent
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Sol:
Cp of 12 oranges =10
SP of 4 oranges = 5
Sp of 1 orange = 5/4
Sp of 12 oranges = 5/4*12=15
Gain = Sp- Cp = 15- 10
Gain%= gain/cp *100
5/10*100= 50 %
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