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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Last Updated :
28 Jun, 2021
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