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A man buys 10 oranges for a rupee and sells 8 oranges for a rupee. What is the profit percentage?1). 102). 12.53). 204). 25 |
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Answer» Cost price of 10 oranges = Rs. 1 Cost price of 1 orange = Rs. 0.10 Selling price of 8 oranges = Rs. 1 Selling price of 1 orange = Rs. 0.125 Profit percentage = (0.125 - 0.10)/0.10 × 100 = 25% |
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