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  1. Ragini purchases oranges at Rs. 10 per dozen and sells them at Rs. 12 for every 10 oranges. What is the profit percentage ?
    1. 40 %
    2. 44 %
    3. 60 %
    4. 48 %
Correct Option: B

Cost price (CP) = 10 / 12 ,
Selling price (SP) = 12 / 10


Profit (%) = [ (SP - CP) / CP ] x 100
∴ Profit (%) = [( 12 / 10 - 10 / 12 ) / (10 / 12) ] X 100 = 44 %


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