Question

Q.8) if oranges are bought at the rate of 24 for a rupee, how many must be sold for a rupee so as to gain 20%?

Answer 1

Given that : Cost Price of 30 oranges = Rs. 1

then, Cost price of 1 orange = Rs. 1/30

To gain 25% the selling price of 1 orange must be = 1/30 × 125/100

=> S.P. of 1 orange = Rs. 1/24

It means to gain 25% profit selling price of 1 orange = Rs. 1/24

And 24 oranges must be sold in Rs. 1 to gain 25% profit.

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