Question

Prakash sold one dozen oranges at rupees 96. If he incurred a loss of 20 percent, at what cost did he buy one orange

Answer 1

Answer:

1 doz cost 96

sp of 1 orange=96/12=8

20% loss means cp=100 and sp 80

When sp=8, cp will be (100/80)×8=10

Answer 2

Answer: Cost of 1 orange = ₹ 120.