Question 71

A vendor buys oranges at the rate of 5 for Rs 6 and sells at the rate of 2 for Rs 3. What will be the result?

Solution

The vendor buys 5 oranges for Rs. 6

=> Cost price of 1 orange = $$\frac{6}{5}$$ = Rs 1.2

He sells 2 oranges for Rs. 3

=> Selling price of 1 orange = $$\frac{3}{2}$$ = Rs 1.5

$$\because$$ Selling price is more than Cost price, the vendor earns a profit

=> Profit % = $$\frac{(1.5 - 1.2)}{1.2} \times 100$$

= $$\frac{1}{4} \times 100 = 25\%$$

=> Ans - (B)


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