Subject

    Quantitative Aptitude

    Topic

    Profit & Loss

    100 oranges are bought at the rate of Tk. 350 and sold at the rate of Tk. 48 per dozen. The percentage of profit or loss is:

    ক)
    14(2/7)% gain
    খ)
    15% gain
    গ)
    14(2/7)% loss
    ঘ)
    15% loss

    Explanation

    C.P. of 1 orange = Tk. 350/100 = Tk. 3.50 S.P. of 1 orange = Tk. (48/12) = Tk. 4 So, Gain% = ((0.50/3.50) x 100)% = (100/7)% = 14(2/7)%

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