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A fruit seller buys oranges at the rate of Rs. 10 per dozen and sells at the rate of Rs. 12 per dozen. His gain percent is :
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- 20%
- 15%
- 12%
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8 1 % 3
Correct Option: A
Given that , C.P. of 12 oranges = Rs. 10
S.P. of 12 oranges = Rs. 12
Profit = S.P. of 12 oranges - C.P. of oranges = 12 - 10 = Rs . 2
∴ Profit percent = | × 100 | C.P. of 12 oranges |
Profit percent = | = 20% | 10 |