Question : A man buys 10 oranges for a rupee and sells 8 oranges for a rupee. What is the profit percentage?
Option 1: 10
Option 2: 12.5
Option 3: 20
Option 4: 25
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Correct Answer: 25
Solution : Given: A man buys 10 oranges for a rupee and sells 8 oranges for a rupee. The cost price of 10 oranges = Re. 1 The cost price of 1 orange = Rs. 0.10 The selling price of 8 oranges = Re. 1 The selling price of 1 orange = Rs. 0.125 Gain percentage = $\frac{\text{selling price – cost price}}{\text{cost price}}$ × 100 = $\frac{0.125 - 0.10}{0.10}$ × 100 = 25% Hence, the correct answer is 25%.
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Question : A man buys a watch for INR 250 and sells it for INR 300. Find his profit percentage.
Option 1: 20%
Option 2: 25%
Option 3: 15%
Option 4: 10%
Question : A man buys 15 pens for a rupee. How many pens should he sell for a rupee to earn a profit of 50 percent?
Option 1: 6
Option 2: 8
Option 3: 10
Option 4: 12
Question : A man buys 13 pens for a rupee. How many pens should he sell for a rupee to earn a profit of 30%?
Option 1: 8
Option 2: 10
Option 3: 5
Option 4: 15
Question : A fan costing Rs. 1200 is being sold for Rs. 1500. What is the profit percentage?
Option 1: 10%
Option 2: 12.5%
Option 3: 25%
Option 4: 20%
Question : A shopkeeper buys pencils from a wholesaler at Rs. 20 for 40 pencils. He sells those pencils at Rs. 20 for 20 pencils. What was his profit or loss percentage?
Option 1: 50% Profit
Option 2: 80% Loss
Option 3: 100% Profit
Option 4: 20% loss
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