Question

A vendor buys oranges for rs10 a dozen. He seels them at rs 4 for rs5. find his gain or loss per cent

Answer 1

Answer

CP of 12 oranges = 10

SP of 4 oranges = 5

SP of 1 oranges = 5/4

SP of 12 oranges = 5/4×12=15

Gain = SP-CP

= 15-10

= Rs 5

Gain% = gain/CP×100

= Rs 5/10×100

= 50%