Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A fruit vendor recovers the cost of 95 oranges by selling 80 oranges. What is his profit percentage?

Options:

18.75%

20.75%

21.25%

24.25%

Correct Answer:

18.75%

Explanation:

Cost price of 95 oranges = Selling price 80 oranges

\(\frac{CP}{SP}\)  =  \(\frac{80}{95}\) = \(\frac{16}{19}\)

Profit = 19 - 16 = 3

Profit % = \(\frac{3 × 100}{16}\) = 18.75