articles are bought at 5 for rupees 10 and sold at 6 for rupees 15 . find profit and loss percent
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Oranges are bought at 5 for Rs.10
Cost of 5 oranges is Rs.10
So,cost of one orange =
5
10
=Rs.2
So the cost of 6 oranges=2×6=Rs.12
Cost of 6 oranges is Rs.12
Cost price=c.p=12
Selling Price=s.p=15
so profit =s.p−c.p=15−12=Rs.3
profit %=
C.P
profit×100
=
12
3×100
=25%
∴the profit % is 25%
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