Question

The selling price of 12 oranges is the same as cost price of 15 oranges. Find the profit or loss percent.

Answer 1

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QUESTION=The selling price of 12 oranges is the same as cost price of 15 oranges. Find the profit or loss percent.

ANSWER=Given That:

Selling price of 12 oranges = Cost price of 15 oranges

Solution:

Let the CP be ₹100 per orange.

CP of 15 oranges = 15 × 100 = ₹1500.

Then according to the given condition, we get

SP of 12 oranges = ₹1500

Therefore, SP of 1 orange = 1500/12 = ₹125

Therefore, profit = SP of 1 orange - CP of 1 orange = 125 - 100 = ₹25

Therefore, Profit Percentage = (25/100) × 100

= 25%

Hence, Profit is 25%

Hope you got it!

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Answer 2

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Step-by-step explanation:

QUESTION=The selling price of 12 oranges is the same as cost price of 15 oranges. Find the profit or loss percent.

ANSWER=Given That:

Selling price of 12 oranges = Cost price of 15 oranges

Solution:

Let the CP be ₹100 per orange.

CP of 15 oranges = 15 × 100 = ₹1500.

Then according to the given condition, we get

SP of 12 oranges = ₹1500

Therefore, SP of 1 orange = 1500/12 = ₹125

Therefore, profit = SP of 1 orange - CP of 1 orange = 125 - 100 = ₹25

Therefore, Profit Percentage = (25/100) × 100

= 25%

Hence, Profit is 25%