Question
Download Solution PDFAjay buys 18 oranges for ₹90 and sells 15 oranges for ₹105. Find the percentage of his gain.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
The cost price of 18 oranges = Rs 90
The selling price of 15 oranges = Rs 105
Formula Used:
Gain Percentage = \(\frac{Gain}{CP}\times 100\)
Calculation:
⇒ CP of 1 orange = \(\frac{90}{18}\) = Rs 5
⇒ SP of 1 orange = \(\frac{105}{15}\) = Rs 7
⇒ Gain = 7 – 5 = Rs 2
⇒ Gain Percentage = \(\frac{2}{5}\times 100\) = 2 × 20 = 40%
∴ the gain percentage is 40%.
Last updated on Jun 17, 2025
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