Question

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 oranges at the rate of 75 paise each.Find his loss or gain.

Answer 1

CP OF 40 DOZENS OF ORANGES=40x8=320
SP OF 240 ORANGES=240
ROTTON=20
REMAINING=220
SP OF 220 ORANGES=220x0.75=165
TOTAL SP=240+165=405
PROFIT=405-320=85
PROFIT %=85x100/320=26.5625%