Question

You buy 10 apples for Rs. 300 and 12 oranges for Rs. 60. You sell the apples for Rs. 350 and the oranges for Rs. 55. What percentage net profit or loss did you ake in the entire transaction?

Answer 1

profit=405-360=45
profit %= 45/360*100
12.5%

Answer 2

11.11%.Cost Price-360.Selling Price-405.Profit-45.So 45/405 x 100=11.11%