100 oranges are bought for $ 350 and sold at the rate of 48 per dozen. The percentage of profit or loss is :

100 oranges are bought for $ 350 and sold at the rate of 48 per dozen.

1.	100 oranges are bought for $ 350 and sold at the rate of 48 per dozen. The percentage of profit or loss is :
A.	15% loss
B.	15% gain
C.	<table><tr><td rowspan="2"> 14</td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2">% loss</td></tr><td align="center">7</td></table>
D.	<table><tr><td rowspan="2"> 14</td> <td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2">% profit</td></tr><td align="center">7</td></table>
Answer» E.

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