Aptitude - Profit and Loss - Discussion

Discussion Forum : Profit and Loss - General Questions (Q.No. 13)
13.
100 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:
14 2 % gain
7
15% gain
14 2 % loss
7
15 % loss
Answer: Option
Explanation:

C.P. of 1 orange = Rs. 350 = Rs. 3.50
100

S.P. of 1 orange = Rs. 48 = Rs. 4
12

Gain% = 0.50 x 100 % = 100 % = 14 2 %
3.50 7 7

Discussion:
33 comments Page 4 of 4.

Man said:   1 decade ago
His gain must be calculated on Rs 4 sale price not cost prize.

Vijay said:   1 decade ago
Gain=(s.p-c.p)
=4-3.5
=0.5

Amruta said:   1 decade ago
how .50 in Gain% came from


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