Question

A fruit-seller buys oranges at $4$ for Rs. $3$ and sell them at $3$ for Rs. $4$. Find his profit percentage.

• A. $77\frac{7}{9}\%$
• B. $75\frac{9}{7}\%$
• C. $77\frac{9}{7}\%$
• D. $75\frac{7}{9}\%$

Answer 1

Answer: (A)

$77\frac{7}{9}\%$

Cost price of one orange $=Rs\frac{3}{4}$

Selling price of one orange $=Rs\frac{4}{3}$

Profit on one orange $=Rs\frac{4}{3}-Rs\frac{3}{4}=Rs\frac{7}{12}$

Profit % $=\frac{Profit}{CostPrice}\times 100=\frac{\frac{7}{12}}{\frac{3}{4}}\times 100=77\frac{7}{9}$ %