100 oranges were purchased for Rs. 800 and sold at the rate of Rs. 108 per dozen. What is the percentage profit?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 i.e. %.
CP per orange = 800/100 = 8
SP per orange = 108/12 = 9
Profit per orange = 9 - 8 = 1
Profit percentage = (1/8) × 100 = %