Vipin purchases some no. of oranges at the rate of 45 oranges for Rs.1. How many should he sell in rupees one to gain 25%?
Answer & explanation
Correct answer: option 3
CP of one orange = \(\frac{1}{45}\)
SP of one orange = \(\frac{1}{45}\) × \(\frac{5}{4}\) = \(\frac{1}{36}\)
Therefore, he should sell 36 oranges for Rs. 1.