Question

Oranges were bought Rs 36 per dozen and sold at the rate of Rs 40 per 10.find the gain or loss percentage.

Answer 1

Answer:

Step-by-step explanation:

Rs 36 per dozen CP

CP of 1 orange = 3rs

Sp= 40 rs per 10 oranges

Sp of one orange = 4rs

P= 1rs

P%=1/3×100

100/3

33.33% if profit

Answer 2

There is gain percent of 33.33%.

Given:

Oranges were bought Rs 36 per dozen and sold at the rate of Rs 40 per 10

To find:

Find the gain or loss percentage.

Solution:

To find gain or loss percentage, first we have to find CP and Sp of one orange to make the units equal

CP of 12 oranges = 36   [1 dozen = 12]

CP of 1 orange = 36/12 = 3

Now, we will find SP of one orange

SP of 10 orange = 40

SP of 1 orange = 40/10 = 4

As, we can see that SP of one orange is greater than CP of one orange, so there is a profit in this case

Profit =  SP - CP

= 4 - 3

= 1

There is a profit of Rs 1.

Profit% = profit/CP * 100

= 1/3 * 100

= 100/3

= 33.33%

Hence, answer is 33.33%.

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