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

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1.

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

Answer»

14.28 %

C.P. of 1 ORANGE = 350/100 = Rs 3.50
S.P. of one orange = 48/12 = Rs 4 [note: divided by 12 as 1 dozen contains 12 ITEMS]
GAIN = 4 - 3.50 = Rs 0.50

Gain%=(0.50/3.50)∗100
=100/7%
=14.28 %

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