if a dozen of oranges is purchased Rs 75 and each pair is sold at Rs 10 then what will be the profit percentage and lose percentage of the seller
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Cost Price of 1 dozen of oranges = ₹ 75
C.P. of 12 oranges = ₹ 75
( Note : 1 dozen = 12 )
Selling Price of 1 pair of oranges = ₹ 10
S.P. of 6 pairs of oranges = ₹ 10 × 6 = ₹ 60
( Note : 1 pair = 2 , 6 pairs = 6 × 2 )
Profit/Loss = C.P. - S.P.
= ₹ 75 - ₹ 60
= ₹ 15
•°• Loss = ₹ 15
Now ,
Loss % = Loss × 100
C.P.
Loss % = ₹ 15 × 100
₹ 75
= ₹ 1 × 100
₹ 5
= 1 × 20 %
= 20 %
•°• Loss % = 20 %
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