100 oranges were bought at the rate of Rs. 350 and sold at the rate of Rs. 48 per dozen. What is the percentage of profit or loss?

• given C.P. of 100 oranges=350
  S.P. of 12 orange=48
  so S.P. of 100 oranges=(48/12)*100 =400
  Profit=400-350 =50
  Profit percentage =50*100/350 = 14.28% ans
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