If the selling price of 8 oranges is equal to the cost price of 12 oranges, find the profit percent.
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Answer:
Profit %-50%
Since, Cp of 12 Orange Or Cp of 1 Orange =x/12
=x
Similarly Sp of 8 orange-x/8( because cp of 10 oranges =sp of 10 Oranges),
Profit =x/24
Profit%= x/24/x/12×100-50%.
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