Question

A fruit-seller bought $20$ dozen oranges for Rs. $140.00$. He sold the oranges at the rate of Rs. $7.50$ per dozen. Find his gain or loss.

Answer 1

Now, we are given,

Costing Price of 20 dozen is Rs. 140.00

So, the costing price of 1 dozen is

$=\frac{1\times 140.00}{20}$

$=7.00$

So, C.P = 7.00 Rs & S.P = 7.50.

(For one Dozen)

Now, S.P. - C.P. = 7.50 -7.00

$=0.50>0$

He gain 0.50 Rs per dozen

Now, for 20 Dozen , he gain

$=0.50\times 20$

$=10Rs.$