100 oranges were bought at the rate of Rs. 350 and sold at the rate of Rs. 48 per dozen. What is the percentage of profit or loss? Choose one:
A) 19 2/7% B) 17 2/7% C) 14 2/7% D) 15 2/7% E) 5 15/17%
100*48/12*350-1)100=1/7*100=14 2/7%   i.e., profit percentage =14 2/7%   Answer : 14 2/7%
<result>C</result>
100 oranges were bought at the rate of Rs. 350 and sold at the rate of Rs. 48 per dozen. What is the percentage of profit or loss?