Question 85

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

Solution

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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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