Question

Simon buys 132 oranges for R350 and sells all the oranges for R48,00 per dozen. Calculate the percentage profits that he makes

Answer 1

No. of oranges bought=132
Total CP÷₹350
No. of dozens bought=132/12=11
SP of each dozen=₹48
SP of 11 dozens=₹(48×11)=₹528
Profit=SP-CP=₹(528-350)=₹178
Profit%=(P/CP×100)%=(178/350×100)%.=50.8%

Answer 2

Answer:  The required profit percentage is 50.86%.

Step-by-step explanation:  Given that Simon buys 132 oranges for Rs 350 and sells all the oranges for Rs 48,00 per dozen.

We are to calculate the percentage profits that he makes.

Cost price of 132 oranges = Rs 350.

We know that

12 oranges = 1 dozen

So, 1 orange is equal to

$\dfrac{1}{12}~\textup{dozen}.$

Then, 132 oranges will be equal to

$\dfrac{1}{12}\times132=11~\textup{dozen}.$

Now, selling price of 1 dozen of oranges = Rs. 48.

So, selling price of 11 dozen of oranges = Rs. (48 × 11) = Rs. 528.

Therefore, the profit percentage is given by

$P\%=\dfrac{528-350}{350}\times100\%=\dfrac{178}{250}\times100\%=50.86\%.$

Thus, the required profit percentage is 50.86%.