100 oranges are bought at the rate of Rs. 350 and sold at the rate of 48 per dozen. The percentage of profit is
Correct Answer : C.
So before solving this question we will get the C.P. and S.P. of 1 article to get the gain percent. C.P. of 1 orange = 350/100 = Rs 3.50 S.P. of one orange = 48/12 = Rs 4 ( note: divided by 12 as 1 dozen contains 12 items ) Gain = 4 - 3.50 = Rs 0.50