Question : Ajay buys 18 oranges for INR 90 and sells 15 oranges for INR 105. Find the percentage of his gain.
Option 1: 35%
Option 2: 30%
Option 3: 25%
Option 4: 40%
Correct Answer: 40%
Solution : Cost price of 1 orange = $\frac{90}{18}=5$ Selling price of 1 orange = $\frac{105}{15}=7$ Profit = selling price – cost price = 7 – 5 = 2 Gain percentage = $\frac{\text{Profit}}{\text{Cost price}}\times100$ = $\frac{2}{5}\times 100$ = 40% Hence, the correct answer is 40%.
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Question : Mihir buys a book for INR 625. However, because of a certain urgency, he sells it for INR 550. Find his loss percentage.
Option 1: 12%
Option 2: 14%
Option 3: 10%
Option 4: 15%
Question : A dealer sells his goods at a 10% loss on the cost price but uses 25% less weight. What is his profit percentage?
Option 2: 20%
Question : Ravi buys salt at INR 16 per kg and sells it at INR 18 per kg. He also uses the weight of 900 gm instead of 1000 gm. What is Ravi’s actual profit percentage?
Option 1: $23 \%$
Option 2: $20 \%$
Option 3: $23 \frac{11}{18} \%$
Option 4: $25 \%$
Question : On selling an article for INR 115, the gain is 20% more than the loss incurred on selling it for INR 104. If the article is sold for INR 130.80, then the profit percentage is:
Option 1: 25
Option 2: 18
Option 3: 30
Option 4: 20
Question : Arun buys one kilogram of apples for Rs. 120 and sells it to Swati gaining 25%. Swati sells it to Divya who again sells it for Rs. 198, making a profit of 10%. What is the profit percentage made by Swati?
Option 1: 25%
Option 3: 16.67%
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