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Question

A vendor buys oranges at Rs 26 per dozen and sells them at 5 for Rs 13. Find his gain per cent.

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Solution

CP of 1 dozen oranges = Rs. 26
CP of 1 orange = 26/12 = Rs. 2.16
CP of 5 oranges = 2.16 × 5 = Rs. 10.8

Now, SP of 5 oranges = Rs. 13

Gain = SP - CP = Rs. (13 - 10.8) = Rs. 2.2
Gain % = (Gain/CP) × 100 = (2.2/10.8) × 100 = 20.3%

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