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If the cost price of 50 oranges is equal...

If the cost price of 50 oranges is equal to the selling price of 40 oranges, then the profit per cent is

A

5

B

10

C

20

D

25

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we need to determine the profit percentage based on the given information about the cost price and selling price of oranges. ### Step-by-Step Solution: 1. **Define Variables:** Let the cost price (CP) of 1 orange be \( x \). Therefore, the cost price of 50 oranges will be \( 50x \). 2. **Selling Price Calculation:** According to the problem, the selling price (SP) of 40 oranges is equal to the cost price of 50 oranges. Hence, we can write: \[ SP \text{ of 40 oranges} = 50x \] 3. **Selling Price of One Orange:** The selling price of 1 orange can be calculated as: \[ SP \text{ of 1 orange} = \frac{SP \text{ of 40 oranges}}{40} = \frac{50x}{40} = \frac{5x}{4} \] 4. **Calculate Profit:** The profit made on selling one orange can be calculated as: \[ \text{Profit} = SP - CP = \frac{5x}{4} - x \] To simplify this, we convert \( x \) to a fraction: \[ \text{Profit} = \frac{5x}{4} - \frac{4x}{4} = \frac{5x - 4x}{4} = \frac{x}{4} \] 5. **Calculate Profit Percentage:** The profit percentage is given by the formula: \[ \text{Profit Percentage} = \left( \frac{\text{Profit}}{\text{Cost Price}} \right) \times 100 \] Substituting the values we have: \[ \text{Profit Percentage} = \left( \frac{\frac{x}{4}}{x} \right) \times 100 = \left( \frac{1}{4} \right) \times 100 = 25\% \] ### Final Answer: The profit percentage is **25%**.
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