Question

# A fruit seller buys lemons at $2$ for a rupee and sells them at $5$ for three rupees. What is his profit percentage?

A

$15%$

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B

$20%$

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C

$10%$

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D

$25%$

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Solution

## The correct option is B $20%$Given that a fruit seller buys lemons at $2$ for a rupee and sells them at $5$ for three rupees.The cost price of one lemon, $CP$ $=Rs\frac{1}{2}=0.5$The selling price of one lemon $SP$ $=Rs\frac{3}{5}=0.6$Profit ($%$) $=\frac{SP-CP}{CP}×100\phantom{\rule{0ex}{0ex}}=\frac{0.6-0.5}{0.5}×100\phantom{\rule{0ex}{0ex}}=0.2×100\phantom{\rule{0ex}{0ex}}=20%$Therefore, the correct option is (b)

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