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The selling price of 10 oranges is the c...

The selling price of 10 oranges is the cost price of 13 oranges. Then the profit percentage is

A

`30%`

B

`10%`

C

`13%`

D

`3%`

Text Solution

AI Generated Solution

The correct Answer is:
To find the profit percentage based on the information given in the question, we can follow these steps: ### Step 1: Define Variables Let the cost price (CP) of 1 orange be \( x \). ### Step 2: Calculate Selling Price (SP) According to the question, the selling price of 10 oranges is equal to the cost price of 13 oranges. Therefore, we can express this as: \[ \text{SP of 10 oranges} = \text{CP of 13 oranges} \] This can be written mathematically as: \[ 10 \times \text{SP of 1 orange} = 13 \times x \] ### Step 3: Express Selling Price of 1 Orange Let the selling price of 1 orange be \( y \). From the equation above, we can express \( y \) as: \[ 10y = 13x \implies y = \frac{13x}{10} \] ### Step 4: Calculate Profit The profit made on selling 1 orange can be calculated as: \[ \text{Profit} = \text{Selling Price} - \text{Cost Price} = y - x = \frac{13x}{10} - x \] To simplify this, we find a common denominator: \[ \text{Profit} = \frac{13x}{10} - \frac{10x}{10} = \frac{3x}{10} \] ### Step 5: Calculate Profit Percentage The profit percentage is calculated using the formula: \[ \text{Profit Percentage} = \left( \frac{\text{Profit}}{\text{Cost Price}} \right) \times 100 \] Substituting the values we have: \[ \text{Profit Percentage} = \left( \frac{\frac{3x}{10}}{x} \right) \times 100 = \left( \frac{3}{10} \right) \times 100 = 30\% \] ### Final Answer Thus, the profit percentage is **30%**. ---
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