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Question
A dealer gets the cost price of 15 oranges by selling 12 oranges. What is the percentage profit?
A dealer gets the cost price of 15 oranges by selling 12 oranges. What is the percentage profit?
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Solution
The correct option is C 25%
Profit percentage = [(goods left)/(goods sold)]×100 = [(15 – 12)/12]×100 = 25%. Therefore the profit is equal to 25% and the correct option is C. 25%
25%
Profit percentage = [(goods left)/(goods sold)]×100 = [(15 – 12)/12]×100 = 25%. Therefore the profit is equal to 25% and the correct option is C. 25%
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