H
Q9.
Manoj imports 25 dozen oranges at Rs.350 per dozen. He
sells each one of the orange at Rs.30. What was his profit
percentage?
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6
Answer:
2.86 %
Step-by-step explanation:
Total Money Spent = 25 x 350 = 8,750
Total money Made from Selling Oranges = (30x12) 25 = 9,000
(since there are 12 Oranges in a Dozen)
==> Profit made = 9000 - 8750 = 250
Profit Percentage = (Profit / Cost Price ) x100
250/8750 x 100 = 2.857%
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