Ajay buys 18 oranges for ₹90 and sells 15 oranges for ₹105. Find the percentage of his gain.
Answer & explanation
Correct answer: option 4
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%