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

100 oranges are bought at the rate of Rs. 350 and sold at the rate of

1.	100 oranges are bought at the rate of Rs. 350 and sold at the rate of Rs. 48 per dozen. The percentage of profit or loss is:
A.	<table class="ga-tbl-answer" cellpadding="0" cellspacing="0"> <tbody><tr class="ga-tr-divident" align="center"> <td class="ga-td-line" rowspan="2">14</td> <td class="ga-td-divident">2</td> <td class="ga-td-line" rowspan="2">% gain</td> </tr> <tr class="ga-tr-divisor" align="center"> <td class="ga-td-divisor">7</td> </tr> </tbody></table>
B.	15% gain
C.	<table class="ga-tbl-answer" cellpadding="0" cellspacing="0"> <tbody><tr class="ga-tr-divident" align="center"> <td class="ga-td-line" rowspan="2">14</td> <td class="ga-td-divident">2</td> <td class="ga-td-line" rowspan="2">% loss</td> </tr> <tr class="ga-tr-divisor" align="center"> <td class="ga-td-divisor">7</td> </tr> </tbody></table>
D.	15 % loss
Answer» B. 15% gain

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

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