Kamal purchases some no. of oranges at t

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Kamal purchases some no. of oranges at the rate of 70 oranges for Rs.1. How many should he sell in rupees one to gain 25%?

Options:

Correct Answer:

Explanation:

CP of one orange = \(\frac{1}{70}\)

SP of one orange = \(\frac{1}{70}\) × \(\frac{125}{100}\) = \(\frac{1}{56}\)

Therefore, he should sell 56 oranges for Rs. 1.