Question

4. By buying one orange of one rupee and
selling 120 oranges of 15, what percentage
of the profit will a shopkeeper have?​

Answer 1

1400% is the answer
Cost Price is 120x1
Selling Price is 120x15
Profit percentage is 120x14/120 x 100
= 1400%

Answer 2

Answer:

Step-by-step explanation:

C.P. of 1 orange = ₹1

S.P. of 120 oranges = ₹150

S.P. of 1 orange = ₹150 ÷ 120 = ₹$\frac{5}{4}$

Profit % = ( $\frac{S.P.}{C.P.} * 100$ ) - 100 = ($\frac{5}{4}$ x 100) - 100

= (500 / 4) - 100

= 125 - 100 = 25%

Therefore the shopkeeper will have a profit of 25%