Question

A fruit seller buys lemons at 2 for a rupee
and sells them at 5 for three rupees. What is
his profit percent ?
(A) 8%
(B) 10%
(C) 15%
(D) 20%
​

Answer 1

Answer:

D = 20%

Step-by-step explanation:

Cost price of 1 lemon = ₹ (1/2) = ₹ 0.5

Selling price of 1 lemon = ₹ (3/5) = ₹  0.6

So, profit = ₹  0.1

Profit % = 0.1/0.5 × 100 = 20%

The correct option is D