If the purchase price of 10 orange lemons is equal to the selling price of 8 orange lemons, what is the percentage of profit?
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- 25% is the correct answer. if the cp of 10 orange is = sp of 8 orange, then cp of 1 orange is x by 10 × lcm of of 10 and 8 = 4o, that implies x by 10 ×
40 and x by 8 × 40 . x by 10 × 40 = 4x and x by 8× 40 = 5x . sp is greater than cp . so it is profit . profit % = profit by cp multiple 100 = 25%
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