fruit seller buys mangoes as rupees 350 and sells them at rupees 48 per dozen find his profit or loss percentage
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Answer:
CP/100 Mangoes = Rs. 350
CP/1 Mango = 350/100
CP/1 Mango = Rs. 3.5
SP/12 Mangoes = Rs. 48
SP/1 Mango = 48/12
SP/1 Mango = Rs. 4
Profit = SP - CP
Profit = 4 - 3.5
Profit = Rs. 0.5
Profit % = Profit/CP x 100
Profit % = 0.5/3.5 x 100
Profit % = 14.2857142857%
therefore, profit % is about 14.2857142857%
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