A man bought apples at 10 for Rs 5 and sold them at Rs 25 per dozen .Find gain or loss percentage.

Julian Werner

Julian Werner

Answered question

2022-09-06

A man bought apples at 10 for Rs 5 and sold them at Rs 25 per dozen .Find gain or loss percentage.

Answer & Explanation

Karson French

Karson French

Beginner2022-09-07Added 15 answers

Cost price of 10 apples is $ 5
Cost price of 1 apple= $ 5/10
= $0.50
Selling price of 12 apples = $25
Selling price of 1 apple = $25/12
= $ 2.08
So profit on 1 apple= $2.08- $0.50
=$ 1.58
Profit% = (1.58/0.50)100
= 316%

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