Discussion

Explanation:

Easiest way to solve such problems is to assume some simple values

Let 120 apples be purchased at Rs. 12/dozen

Thus, total cost of purchase = Rs. 12 × 10 dozen = Rs. 120

Now, SP = Rs. 96 apples/100 

⇒ 96/100 × 120 = SP for 120 apples = Rs. 115.20

∴ Loss% = 4.8/120 × 100 = 4%

Hence, option (a).

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