Question

If lost price of 24 oranges in equal to the
selling price of 18 oranges then find profit%.
​

Answer 1

The profit percent(%) is "33.33 %".

Step-by-step explanation:

Let cost price(C.P.) of one orange = RS. 1.

∴ Cost price(C.P.) of 24 oranges = RS. 24 and

Selling price(S.P.) of 18 oranges = RS. 24

Then,

Cost price(C.P.) of 18 oranges =  RS. 24

∴ Profit = S.P. - C.P.

=  RS. 24 -  RS. 24 =  RS. 6

∴ Profit % = $\dfrac{Profit}{C.P.}$ × 100

= $\dfrac{6}{18}$ × 100

= 33.33 %

Hence, profit percent(%) is 33.33 %.