QA – Placement Quizzes | Profit and Loss | Question 15

A person bought 3 Oranges for 2 Rs and sold 2 Oranges for 3 Rs. Calculate his Profit percentage?

(A) 100%
(B) 150%
(C) 120%
(D) 125%


Answer: (D)

Explanation: 3 Oranges bought for 2 Rs –> 6 Oranges bought for 4 Rs

2 Oranges sold for 3 Rs –> 6 Oranges sold for 9 Rs.

6 Oranges, CP = 4 Rs, SP = 9 Rs –> Profit = 5 Rs

  • Profit Percentage = [5/4]*100 = 125%

Note: Always remember to equate things (Oranges in this case), not money.

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