His gain percent is:

A fruit seller buys oranges at the rate of Rs.100 per dozen and sells at the rate of Rs.12 per dozen. His gain percent is:

  1. 8 1/3%
  2. 15%
  3. 12%
  4. 20%
Anurag Mishra Professor Asked on 10th December 2015 in Maths.
Add Comment
1 Answer(s)

Answer: (4) 20%

Explanation:-
The cost price of one dozen orange = Rs. 10
The selling price of one dozen orange = Rs.12

Then, the profit = 12 – 10
 = Rs. 2

The percentage of profit  = 2 x 100/10
 = 20%

Then, his gain percent is 20%.

Hence, the answer is (4) 20%. 

Anurag Mishra Professor Answered on 11th December 2015.
Add Comment

Your Answer

By posting your answer, you agree to the privacy policy and terms of service.