ers fo c. A man buys oranges at the rate of rs3 and sells them at rate of rs4. His profit % is? (76% (1) 75-% (iii) 77% (iv) 74%
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Answer:
Profit % = 33.33%
Step-by-step explanation:
let number of oranges = x
Rate of purchasing of each orange= ₹ 3
C.P. of x oranges = ₹ 3x
Rate of selling of each orange = ₹ 4
S.P. of x oranges = ₹ 4x
Profit = S.P. - C.P.
= 4x - 3x
= ₹ x
Therefore,
Profit % = {Profit/C.P.} x 100
= { x/3x } x 100
= 100/3
= 33.33 %
✓ ( options given in the brackets are wrong )
✓ Also the given question is wrong
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