If S.P. of 8 oranges is equal to C.P. of 12 oranges. Calculate the Profit% or Loss%
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Answer:
Let Sp of 1 orange be x
SP of 8 orange is 8x
Cp of 12 orange=12x
Cp of 1 orange= 8x/12
SP is greater than cp= profit
Profit= x-8x/12
=4x/12
Profit%= 4x/12÷8x/12
=4x/12×12/8x
=2
Profit=2
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Answer:
33.33% profit
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