Question 85

If the cost price of 12 oranges is equal to selling price of 10 oranges, then the percentage of profit is

Solution

Let the cost of each orange be y.
Cost of 10 apples =10y
Selling price of 10 apples =Cost of 12 apples =12y
The profit for selling 10 apples=12y-10y=2y
Thus profit%=(2yx100)/10y= 20%


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