100 oranges are bought at the rate of Rs 350 and sold at the rate of 48 per…
2024
100 oranges are bought at the rate of Rs 350 and sold at the rate of 48 per dozen , then percentage of profit is
- A.
16.6 %
- B.
14.2 %
- C.
18.4 %
- D.
20.2 %
Attempted by 14 students.
Show answer & explanation
Correct answer: B
Exact answer: 100/7 = 14.2857... %
Step 1: Cost of 1 orange = 350/100 = 3.5 Rs.
Step 2: Cost price per dozen = 12 × 3.5 = 42 Rs.
Step 3: Selling price per dozen = 48 Rs.
Step 4: Profit per dozen = 48 − 42 = 6 Rs.
Step 5: Percentage profit = (Profit/CP) × 100 = (6/42) × 100 = 100/7 ≈ 14.2857% (≈14.29% or 14.3%).
Note: The choice showing 14.2% is a slightly rounded/truncated representation; the most accurate value is approximately 14.29% (rounded to one decimal place: 14.3%).