Question

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

Answer 1

Given CP of 1 dozen oranges = Rs. 26

CP of 1 orange = 26/12

= Rs. 2.16

CP of 5 oranges = 2.16 x 5

= Rs. 10.8

Now, SP of 5 oranges = Rs. 13

Gain = SP – CP

= Rs. (13- 10.8)

= Rs. 2.2

Gain %= (Gain/CP) x 100

= (2.2/10.8) x 100

Gain = 20.3%