Oranges are bought at 5 for Rs.10 and sold at 6 for Rs.15. The gain percent is:
A) 50%
B) 40%
C) 35%
D) 25%
With solutions :----
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Required Answer:-
GiveN:
- Oranges were brought at 5 for Rs. 10.
- And sold at 6 for Rs. 15..
Then,
- Cost price of 5 oranges = Rs. 10
- Cost price of 1 orange = Rs 2
And,
- Selling price of 6 oranges = Rs. 15
- Selling price of 1 orange = Rs. 5/2
Net gain = Rs. 5/2 - Rs. 2 = Rs. 1/2
Then, Gain percent
= Gain / CP × 100
= Rs. 1/2 / Rs. 2 × 100
= 100 / 4 %
= 25 % (Ans)
The gain percent on buying and selling of oranges at a rate mentioned in the question is 25 %.
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