100 oranges are bought at the rate of Rs. 350 and sold at the rate of…

Question

100 oranges are bought at the rate of Rs. 350 and sold at the rate of Rs. 48 per dozen. The percentage of profit or loss is:

Accepted Answer

Option A. 142/7 % gain. Answer & Solution Answer: Option A Solution: & C .P .\, of\, 1\, orange\, & = Rs.\, ( 350100 ) = Rs.\,3.50 & S .P .\, of\, 1\, orange & = Rs.\, ( 4812 ) = Rs.\,4 & Gain\% = ( 0.503.50 × 100 )\% & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = 1007\% & \,\,\,\,\,\,\,\,\,\,\…