A man bought 18 oranges for a rupee and sold them at 12 oranges for a rupee.
Posted on 18-03-2023
Ques - A man bought 18 oranges for a rupee and sold them at 12 oranges for a rupee. What is the profit percentage?
(a) 33.33%
(b) 50%
(c) 66.66%
(d) none of these
Solution -
CP of 18 oranges = 1
CP of 1 orange = 1/18
SP of 12 oranges = 1
SP of 1 orange = 1/12
SP of 18 oranges = (1/12) × 18
= 3/2
Profit = SP of 18 oranges - CP of 18 oranges
= 3/2 - 1
= 1/2
Profit percentage = 1/2 × 100
= 50%
Hence,
The correct answer is option (b) 50%.
Thank You