Mathematics MCQs

What is the gain or loss percent if oranges are bought at Rs 9 per dozen and sold at Rs 18 per 20 oranges?

  • 10%
  • 20%
  • 15%
  • 18%
  • C
  • Solution:
    Here the cost price of 1 orange =Rs9/12
    =Rs 0.75
    Selling price of 1 orange=Rs 18/20
    =Rs 0.90
    There is profit , because selling price is higher than cost price in the above answers.
    Now,
    Profit percent=(profit/cost price)X100
    =(0.9-0.75)X100
    =15%

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