Q.1)
A fruit seller purchases oranges at the rate of 3 for Rs.5 and sells them
at 2 for Rs.4. His profit in the transaction is?
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Answer:
Fruit seller will get 20% profit in the transaction.
Explanation:
A fruit sellers purchases oranges at rate 3 for Rs 5
Cost of 3 oranges = Rs 5
Cost of 1 oranges = Rs
Same fruit man sells them at rate 2 for Rs 4
Sale of 2 oranges = Rs 4
Sale of 1 oranges = Rs 2
If we see the price per oranges of cost price (CP) and selling price (SP).
SP>CP
It means fruit seller get profit per oranges.
Profit = SP-CP
Now we find profit percentage,
Thus, Fruit seller will get 20% profit in the transaction.
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