Oranges are bought at 5 for₹ 10 and sold at 6 for ₹ 15. Find profit or loss as persentage .
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Answer:
25%
Step-by-step explanation:
Case 1 : Buying
Number of oranges = 5
Cost of 5 oranges = ₹10
Cost of 1 orange = ₹10/5 = ₹2
Case 2 : Selling
Number of oranges = 6
Amount paid for 5 oranges = ₹15
Amount paid for 1 orange = ₹15/6 = ₹2.5
Profit : Amount paid for 1 orange-Cost of 1 orange = ₹2.5-₹2 = ₹0.5
Profit percentage = profit/Cost price x 100
= (0.5/2 x 100)%
= 25%
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