Question : A fruit seller buys oranges at the rate of Rs. 10 per dozen and sells at the rate of Rs. 12 per dozen. Calculate his percentage gain.
Option 1: $20\%$
Option 2: $15\%$
Option 3: $12\%$
Option 4: $8\frac{1}{3}\%$
New: SSC CHSL tier 1 answer key 2024 out | SSC CHSL 2024 Notification PDF
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
Correct Answer: $20\%$
Solution :
Given: Cost price (CP) of 12 oranges = Rs. 10
Selling price (SP) of 12 oranges = Rs. 12
Profit = SP – CP = 12 – 10 = Rs. 2
Profit % = $\frac{\text{Profit}}{\text{CP}} × 100=\frac{2}{10} × 100= 20\%$
Hence, the correct answer is 20%.
Related Questions
Know More about
Staff Selection Commission Combined High ...
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
Get Updates Brochure
Your Staff Selection Commission Combined Higher Secondary Level Exam brochure has been successfully mailed to your registered email id “”.
