Question : A man buys 10 oranges for a rupee and sells 8 oranges for a rupee. What is the profit percentage?
Option 1: 10
Option 2: 12.5
Option 3: 20
Option 4: 25

Question

Question : A man buys 10 oranges for a rupee and sells 8 oranges for a rupee. What is the profit percentage?

Option 1: 10

Option 2: 12.5

Option 3: 20

Option 4: 25

Team Careers360 · Accepted Answer

Correct Answer: 25

Solution : Given:
A man buys 10 oranges for a rupee and sells 8 oranges for a rupee.
The cost price of 10 oranges = Re. 1
The cost price of 1 orange = Rs. 0.10
The selling price of 8 oranges = Re. 1
The selling price of 1 orange = Rs. 0.125
Gain percentage = $\frac{ ext{selling price – cost price}}{ ext{cost price}}$ × 100
= $\frac{0.125 - 0.10}{0.10}$ × 100
= 25%
Hence, the correct answer is 25%.

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Question : A man buys 10 oranges for a rupee and sells 8 oranges for a rupee. What is the profit percentage?Option 1: 10Option 2: 12.5Option 3: 20Option 4: 25

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Question : A man buys 10 oranges for a rupee and sells 8 oranges for a rupee. What is the profit percentage?
Option 1: 10
Option 2: 12.5
Option 3: 20
Option 4: 25