40 dozen oranges were purchased at rs 18 per dozen.half of them were sold at rs 2 per orange . by that time, 20 oranges were rot. the remaining oranges were sold at rs 1.25 each. calculate the profit or loss per cent

Total cost of oranges CP = 18*40 = 720₹ Selling price of 20 dozen oranges SP1 = 2*12*20 = 480₹ Selling of remaining oranges SP2 = (20*12-20)*1.25 = 220*1.25 = 275₹ Profit % = [(SP1 + SP2) - CP] /CP}*100 = [(755-720)/720]*100 = 350/72 = 4.86% Ans
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