Question

A person buys oranges 8 for RS 5 and sells then at 5 RS 8. find the profit or loss percentage in the whole transaction.

A. 100% profit

B. 150% loss

C. 146% profit

D. 156% profit

Please solve with explain. ​

Answer 1

Answer:

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Step-by-step explanation:

CP of 8 oranges = Rs. 5

∴ CP of 1 orange = $\frac{5}{8}$

SP of 5 oranges = Rs. 8

∴ SP of 1 orange = $\frac{8}{5}$

Profit % = $\frac{SP - CP}{CP} \times 100$

$\frac{ \frac{8}{5} - \frac{5}{8} }{ \frac{5}{8} } \times 100 \\ \\ \frac{ \frac{39}{40} }{ \frac{5}{8} } \times 100 \\ \\ \frac{39 \times 8}{40 \times 5} \times 10 \\ \\ \frac{312}{200} \times 100 \\ \\ = 156 \: \: \%$