Correct Answer - Option 2 : 200/3%
Given:
CP of 5 apples = SP of 3 apples
Formula used:
Gain% = (Gain/CP) × 100%
Calculation:
Let the CP of 5 apples be Rs. 5
CP of 3 apples = Rs. 3
SP of 3 apples = CP of 5 apples = Rs. 5
Gain = Rs. (5 – 3)
⇒ Rs. 2
Gain% = (2/3) × 100%
⇒ 200/3%
∴ The gain percentage is 200/3%