Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The selling price of 15 oranges is the same as the cost price of 19 oranges. What is the approximate profit percentage?

Options:

15.34%

18.75%

32.5%

26.67%

Correct Answer:

26.67%

Explanation:

Selling price of 15 oranges = Cost price of 19 oranges

\(\frac{SP}{CP}\) = \(\frac{19}{15}\) 

Profit = 19 - 15 = 4

Profit% = 4 × \(\frac{100}{15}\) = 26.67%