Ashok bought a case of 100 oranges for Rs. 350. He sold all the oranges at Rs. 10 per orange. How much was his profit or loss?
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14(2/7)% gain
C.P of 1 orange = Rs. (350/100) = Rs. 3.50
S.P of 1 orange = Rs. (48/12)= Rs.4.
Therefore, gain % = (0.50/3.50×100)%= 100/7%= 14 2/7%.
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