Rajneesh purchased 40 dozen oranges at ₹ 8 a dozen. He was able to sell half of these at ₹ 1 per orange. By now 20 oranges had rotten. He sells the remaining orange at the rate of 75 paise each. Find his loss or gain.
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Step-by-step explanation:
cost of 40 dozen oranges 40*8 = 320
total number of oranges 40*12 = 480
given
half of the oranges was sold for rs1 = 480÷2×1
RS 240
oranges remaining= 220
twenty oranges had rotten= 220-20
= 200
remaing were sold at RS 0.75= 200*0.75
= RS 150
add the gain = 240+150
390
loss or gain
= 390 - 320
= 60
hence his gain is RS 60
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