ABC26GN2858 · Profit and Loss
Subject: General Aptitude · Chapter: Profit and Loss · Exam: 2014 · Marks: · Difficulty:
Oranges are bought at 5 for ₹ 10 and sold at 6 for ₹ 15. The gain percent is
(a)50\%
(b)40\%
(c)35\%
(d)25\%
Answer
Explanation
Let the (LCM of 5 and 6) = 30 oranges be bought. $$\text{C.P. of 30 oranges} = \frac{10}{5} \times 30 = ₹60.$$ $$\text{Their S.P.} = \frac{15}{6} \times 30 = ₹75.$$ Profit = ₹(75 – 60) = ₹15. $$\therefore \text{Profit percent} = \left(\frac{15}{60} \times 100\right)\% = 25\%.$$
Explanation as extracted from the printed page; notation may be imperfect.
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