Question

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:

a.

14(2/7)% gain

b.

15% gain

c.

14(2/7)% loss

d.

15 % loss

Posted under Profit and Loss Aptitude

Answer: (a).14(2/7)% gain

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Q. 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:

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