Question

Bobby bought oranges at 5 rupees a dozen. He had to sell them at a loss of 5%. Find the selling price of one orange

• A. 0.5 Rs
• B. 0.4 Rs
• C. 1 Rs
• D. 5 Rs

Answer 1

The correct option is B

0.4 Rs

We have, C.P. of one dozen oranges = 5 Rs
Loss % = 5%
∴ Loss = 5% of $ 5 = 5/100 x 5= ¼ Rs
∴ S.P. = C.P. – Loss = 5 – ¼ = 19/4 Rs
Thus, S.P. of one dozen oranges = 19/4 Rs
∴ S.P. of one orange = Rs 19/4 x 1/12 = 0.395 Rs or 0.40 Rs