The cost price of 20 oranges is same with selling price

Home » Aptitude » Profit and Loss » Question

The cost price of 20 oranges is same with selling price of 16 oranges. The profit percentage is

Let the CP of 1 orange = $ 1
∴ CP of 16 oranges = $ 16
SP of 16 oranges = $ 20
Gain = SP of 16 oranges - CP of 16 oranges = 20 - 16 = $ 4

Gain percent =	Gain	× 100
	CP of 16 oranges

Gain percent =	4	× 100 = 25%
	16

Second method to solve this question :
Here, p = 20, q = 16

Gain % =			p - q		× 100
			q

Gain % =			20 - 16		× 100
			16

Gain % =	4	× 100 = 25%
	16

Let the CP of 1 orange = $ 1
∴ CP of 16 oranges = $ 16
SP of 16 oranges = $ 20
Gain = SP of 16 oranges - CP of 16 oranges = 20 - 16 = $ 4

Gain percent =	Gain	× 100
	CP of 16 oranges

Gain percent =	4	× 100 = 25%
	16

Second method to solve this question :
Here, p = 20, q = 16

Gain % =			p - q		× 100
			q

Gain % =			20 - 16		× 100
			16

Gain % =	4	× 100 = 25%
	16