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Shubham

· started a discussion

· 1 Months ago

concept (Question:108894.0)

can you please tell the method of solving this

Question:
Amelia sold 80 oranges and had a gain equal to the selling price of 10 oranges. What is his profit percentage?
Options:
A) 15.8%
B) 14.2%
C) 16.4%
D) 18.9%
E) None of these
Solution:
Profit Percentage = \(\cfrac{10}{70}\) × 100 = 14.28%

Knowledge Expert

· commented

· 1 Months ago

Dear Student, explanation;- let the price an orange is 1 Rs. Now SP of 80 oranges = 80 Rs………..(1) Gain = 10 oranges=10 rs And we know that Profit= SP (selling price) - CP (cost price) 10= 80-C.P. C.P.= 70 rs. % profit =(profit/C.p )* 100 = 10/70*100=14.2 Keep learning with us! Best wishes Team Toprankers
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