Arithmetic Ability
Profit and Loss

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Q.

A man buys oranges at Rs 5 a dozen and an equal number at Rs 4 a dozen. He sells them at Rs 5.50 a dozen and makes a profit of Rs 50. How many oranges does he buy?

View Answer

Correct choice: C

Explanation:

Cost Price of 2 dozen oranges Rs. (5 + 4) = Rs. 9. Sell price of 2 dozen oranges = Rs. 11. If profit is Rs 2, oranges bought = 2 dozen. If profit is Rs. 50, oranges bought = (2/2) * 50 dozens = 50 dozens.
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