Practicing Success
A fruit vendor recovers the cost of 95 oranges by selling 80 oranges. What is his profit percentage? |
18.75% 20.75% 21.25% 24.25% |
18.75% |
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 |