A fruit seller bought oranges at the rate of ₹45 per dozen and sold them at the rate of ₹ 45 per 10. Find his gain and loss percent.
Solution (By Examveda Team)
20% ProfitCost of a orange = 45/12 = Rs 3.75
SP of a orange = 45/10 = Rs 4.50
Profit = 4.50 - 3.37 = Rs 0.75
Profit percentage = 0.75/3.75 x 100 = 20%
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