Multiple choice

Cost of Dozen Oranges is $15Rs.$ Selling price is $12$ Rs. Find Percent of Loss/Gain

  1. $20$% loss
  2. $36$% profit
  3. $38$% loss
  4. $38$% profit
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A Correct answer
Explanation

Cost Price = 15, Selling Price = 12. Loss = 15 - 12 = 3. Loss percentage = (3 / 15) * 100 = 20 percent.

AI explanation

The cost price of a dozen oranges is Rs. 15 and the selling price is Rs. 12, so the loss is Rs. 3. Using the loss percentage formula, we calculate (3 / 15) * 100. This gives a 20% loss.

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