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    • 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: 2 ...
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    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%

    Team Careers360 9th Jan, 2024
    Answer
    Answer (1)
    Team Careers360 17th Jan, 2024

    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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