Question

If lost price of 24 oranges in equal to the selling price of 18 oranges then find the profit percentage

Answer 1

The profit percentage is 33.34% if the cost price of 24 oranges is equal to selling price of 18 oranges.

Step-by-step explanation:

Let the Selling Price of 1 orange be Re. 1.

Then,

S.P. of 18 oranges will be = Rs. 18

S.P. of 24 oranges will be = Rs. 24 ….. (i)

It is given that the cost price of 24 oranges is equal to the selling price of 18 oranges, so

C.P. of 24 oranges = S.P. of 18 oranges = Rs. 18 …… (ii)

From (i) & (ii), we get

Profit % = [(S.P. – C.P)/(C.P.)] * 100 = [(24-18)/18] * 100 = 33.34%

Thus, the profit percent is 33.34%.

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Answer 2

Answer:

33 1/3 gain is the answer