Question

The selling price of 10 oranges is the cost price of 13 oranges, then the profit percent is.
1. 30%
2. 20%
3. 13%
4. 24%

Answer 1

Correct Answer - Option 1 : 30%

Given

CP of 13 oranges = SP of 10 oranges

Formula 

Profit% = [(SP - CP)/CP] x 100

Calculation - 

⇒ Let the C.P of 1 orange = ₹1 

⇒ C.P of  oranges = ₹10

⇒ S.P of 10 oranges = ₹13

⇒ % Profit = ((13 - 10) × 100) ÷ 10

⇒ % Profit = 30%

∴ The Profit Percent is 30%