What percentage does he gain or lose?

A man buys apples at a certain price per dozen and sells them at 8 times that price per hundred. What percentage does he gain or lose?
(a) 4% profit
(b) 6% profit
(c) 4% loss
(d) 6% loss

Anurag Mishra Professor Asked on 12th January 2016 in Maths.
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    Answer: (c) 4% loss

    Anurag Mishra Professor Answered on 13th January 2016.
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