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

A. 1427% gain

B. 1427% loss

C. 15% gain

D. 15 % loss

**Answer : **A . 1427% gain

## Explanation:

Cost Price (C.P) of 1 orange = Rs. 350/100

= Rs. 3.50

Selling Price (S.P) of 1 orange = Rs. 48/12

= Rs. 4

Gain % = ( 0.50 / 3.50 ) x 100 %

= 100/7 %

= **1427% gain**