Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Ajay buys 18 oranges for ₹90 and sells 15 oranges for ₹105. Find the percentage of his gain.

Options:

35%

30%

25%

40%

Correct Answer:

40%

Explanation:

CP of 18 oranges = 90

CP of 1 orange = 5

SP of 15 oranges = 105

SP of 1 orange = 7

Profit = 7 - 5 = 2

Profit% =  \(\frac{2 × 100}{5}\) = 40%