Difficulty: Easy
Correct Answer: 14.29% profit
Explanation:
Given Data
Step 1: Compute total selling price (SP)
Price per orange = 48 ÷ 12 = Rs. 4SP for 100 oranges = 100 × 4 = Rs. 400
Step 2: Compute absolute profit
Profit = SP − CP = 400 − 350 = Rs. 50
Step 3: Profit percentage on cost
Profit% = (Profit ÷ CP) × 100 = (50 ÷ 350) × 100= 0.142857… × 100 ≈ 14.29% profit
Checks & Common Pitfalls
Final Answer
Overall result is a 14.29% profit.
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