Last year the cost of oranges was ₹72 per dozen. This year the price is ₹48 per score. Find the percentage change in the price of oranges. (1 score = 20 units)
60%
The cost of 12 oranges last year = ₹72
The cost of 1 orange last year = 7212=₹6
The cost of 20 oranges this year = ₹48
The cost of 1 orange this year = 4820=₹2.4
Difference in price per orange = ₹6 - ₹2.4 = ₹3.6
∴ Percentage change = 3.66×100=60%