Hundred oranges are bought at rate of Rs., 350 and sold at rate of Rs., 48 per dozen. percentage of

English

Gujarati

Hindi

7.Profit and Loss

medium

Hundred 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

A

$14 \frac{2}{7} \%$ gain

B

$15 \%$ gain

C

$14 \frac{2}{7} \%$ loss

D

$15 \%$ loss

Solution

$C.P. =Rs. 350 / 100=Rs. 3.5 / each$

$S.P. =Rs. 48 / 12=Rs. 4 / each$

$\therefore \quad \frac{ S.P. – C.P. }{ C.P. } \times 100=\frac{4-3.5}{3.5} \times 100=\frac{100}{7}=14 \frac{2}{7} \%$ profit

Standard 13

Quantitative Aptitude

Share

Similar Questions

A person sells $36$ oranges per $Rs.\, 1$ and makes a loss of $4 \% .$ Find how many oranges per $Rs$ to be sold to have a gain of $8 \% ?$

hard

If cost price is $Rs.\, 150$ less than the selling price and profit is $20 \%,$ then what is the selling price (in $Rs.$)?

medium

Rehaan purchased a bike for $Rs.\,54,000.$ He sold it at a loss of $8 \% .$ With that money, he again purchased another bike and sold that at a profit of $10$ percent. What is his overall loss/profit?

easy

Ram sold two horses at the same price. In one he gets a profit of $10 \%$ and in the other he gets a loss of $10 \% .$ Then Ram gets

medium

If the cost price of $12$ pens is equal to selling price of $8$ pens, find the gain percent.

hard