Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Navneet purchases some no. of oranges at the rate of 11 oranges for ₹1. How many oranges should he sell for ₹1 for earning 10% profit?

Options:

10

12

8

9

Correct Answer:

10

Explanation:

CP = \(\frac{1}{11}\)

SP = \(\frac{1}{11}\) × \(\frac{110}{100}\) = \(\frac{1}{10}\)

He should sell 10 oranges for Rs. 1.