A hawker purchases some mangoes at the rate of mangoes for and sells them at per dozen. What will be his profit or loss percentage?
- A20% loss
- B25% profit
- C25% loss
- D20% profit
Solution & Step-by-step Explanation
Cost Price () of 9 mangoes =
Selling Price () of 1 dozen (12 mangoes) =
To compare, find the profit or loss per mango:
Since the value is positive, it is a profit. Now, calculate the profit percentage:
Thus, the hawker achieves a profit.
Selling Price () of 1 dozen (12 mangoes) =
To compare, find the profit or loss per mango:
Since the value is positive, it is a profit. Now, calculate the profit percentage:
Thus, the hawker achieves a profit.