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Mohan bought 15 apples for Rs. 2 and sold it at 5 for Rs. 3. Find the gain%.
1. 320%
2. 250%
3. 350%
4. 280%

1 Answer

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Correct Answer - Option 3 : 350%

Given:

CP of 15 apples = Rs. 2

SP of 5 apples = Rs. 3

Formula used:

Gain% = (Gain/CP) × 100%

Calculation:

SP of 15 apples = Rs. (3/5) × 15

⇒ Rs. 9

Gain = Rs. (9 – 2)

⇒ Rs. 7

Gain% = (7/2) × 100%

⇒ 350%

∴ The gain% is 350%

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