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A man buys 10 oranges for a rupee and sells 8 oranges for a rupee. What is the profit percentage?
- A10
- B12.5
- C20
- D25
Answer not set
Discussion 1
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CCommunity
Gain % = (SP - CP)/CP × 100
Cost price of 10 oranges = Rs. 1
Cost price of 1 orange = Rs. 0.10
Selling price of 8 oranges = Rs. 1
Selling price of 1 orange = Rs. 0.125
Profit percentage = (0.125 - 0.10)/0.10 × 100 = 25%
Cost price of 10 oranges = Rs. 1
Cost price of 1 orange = Rs. 0.10
Selling price of 8 oranges = Rs. 1
Selling price of 1 orange = Rs. 0.125
Profit percentage = (0.125 - 0.10)/0.10 × 100 = 25%