Question

A dealer gets the cost price of 15 oranges by selling 12 oranges. What is the percentage profit?

• A. 35%
• B. 12%
• C. 25%
• D. 5%

Answer 1

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%