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Class 10 > Learn Mathematics > 100 oranges are bought at the rate of Rs 350 and sold...
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100 oranges are bought at the rate of Rs 350 and sold at the rate of Rs 48 dozen. What is the percentage of profit or loss?

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Learn Mathematics +2 Class IX-X Tuition Profit, Loss and Discount

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The profit is 100/7 %
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Cost Price = 350 Selling Price = 100 × (48/12) = 400 Profit % = ( 50/350 ) × 100 = 14.29
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Math Magician

Rs 48 dozen means Rs 4 per orange. Sale price of 100 oranges = Rs 400 Cost price of 100 oranges = Rs 350 Profit = Rs 50 Profit% = 50/350 * 100
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Internal Auditor, Financial Analyst

350 / 100 = Rs. 3.50 per orange. 1 dozen = 12 pieces. Therefore, sale price is 48/12 = Rs. 4. Therefore, profit = 4 - 3.5 = Rs. 0.50 per orange.
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Each orange cost 350/100=3.5 Rs; selling cost of each orange is=48/12=4 Rs; 100 oranges selling cost=4*100=400; profit%=(selling price-cost price)/cost price*100; =(400-350)/350*100; =(50/350)*100; =14.26%
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