Question

A vendore bought orange at 20 for ₹56 and sold them at ₹35 per dozen find his gain or loss percent​

Answer 1

Answer:

Cost price of 20 oranges = Rs56

C.P. of 1 orange = 56/20 = Rs2.8

S.P. of 12 oranges = Rs35

S.P. of 1 orange = 35/12 = Rs2.9

S.P. of 20 oranges = 2.9×20 = Rs58

Profit = SP - CP = 58 - 56 = Rs2

Profit % = Profit / CP × 100

= 2/56×100 = 4.34%