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A man bought 18 oranges for a rupee and sold them at 12 oranges for a rupee. what is the profit percentage ?

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A man bought 18 oranges for a rupee and sold them at 12 oranges for a rupee. what is the profit percentage ?
  • A20 %
  • B35 %
  • C50 %
  • D70 %
Correct answer: C
0
CCommunity
Let Number of oranges bought & sold = LCM(18,12) = 36

CP = 36/18 =2

SP = 36/12 =3

Profit % = (3 - 2)/2 x 100 = 50%

Another Analytical Method :

He recovers cost of 18 oranges by selling 12 oranges.

Remaining 6 oranges reflect profit.

Profit = 6/12 x 100 = 50%
0
CCommunity
50 %

From question CP/SP = 12/18 = 2/3
∴ Profit (%) = ( 3 - 2 ) / 2 x 100 = 50%

2nd Solution:
CP = 100/18 = 5.55 paisa
SP = 100/12 = 8.33 paisa
∴ Profit = (8.33-5.55)/5.55 x 100 = 50 %