Home » Aptitude » Profit and Loss » Question
  1. Oranges are bought at the rate of 10 for $ 25 and sold at the rate of 9 for $ 25. The profit percent is
    1. 9
      1
      %
      11
    2. 10 %
    3. 11
      1
      %
      9
    4. 12
      1
      %
      2
Correct Option: C

Suppose the number of oranges bought = LCM of 10 and 9 = 90

C.P. of 90 oranges =
25
× 90 = $225
10

S.P. of 90 oranges =
25
× 90 = $ 250
9

Profit = S.P. of 90 oranges - C.P. of 90 oranges = 250 - 225 = $ 25
Profit % =
25
× 100
225

Profit % =
100
= 11
1
%
99

Second method to solve this question :
Here, a = 10, p = 25 and b = 9, q = 25
Gain % = aq - bp × 100%
bp

Gain % = 10 × 25 - 9 × 25 × 100%
9 × 25

Gain % = 250 - 225 × 100%
9 × 25

Gain % =
100
= 11
1
%
99



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