Question

A fruit vendor recovers the cost of 95 oranges by selling 80 oranges. What is his profit percentage?

• A. 20.75%
• B. 21.25%
• C. 24.25%
• D. 18.75%

Answer 1

Answer:

D. 18.75%

CP of 95 oranges = SP of 80 oranges CP/SP = 80/95 CP/SP = 16/19 CP : SP = 16 : 19 profit = 19 - 16 = 3 Profit % = (3/16) × 100 = 18.75