By selling 18 oranges for a rupee a man

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

By selling 18 oranges for a rupee a man losses 20%. How many oranges should he sell for Rs.1 to earn 20% profit?

Options:

Correct Answer:

Explanation:

CP = \(\frac{1}{18}\) × \(\frac{100}{80}\) = \(\frac{5}{72}\)

SP = \(\frac{5}{72}\) × \(\frac{120}{100}\) = \(\frac{1}{12}\)

Therefore, he should sell 12 oranges for Rs. 1.