Ram bought 10 dozen oranges at the rate of Rs.6.40 per dozen. Of these, 20 oranges were rotten. He sold the rest at the rate of 40 paise per orange. State his profit or loss percentage.
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Step-by-step explanation:
Step-by-step explanation:
10dozen = 120 oranges
Rate per dozen = 6.40
Total cost price = 10 × 6.40= 64
20 oranges were rotten so 120-20 =100 oranges left
Total selling price = 100×0.40 = 40.00
Total cost price = 64
Total selling price = 40
Thus he had a lose of 14 rupees
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