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A man buys 10 oranges for a rupee and se...

A man buys 10 oranges for a rupee and sells 8 oranges for a rupee. What is the profit percent?

A

10

B

12.5

C

20

D

25

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, let's break it down: ### Step 1: Identify the Cost Price (CP) and Selling Price (SP) - The man buys 10 oranges for 1 rupee. - Therefore, the Cost Price (CP) for 1 orange = Total Cost / Number of Oranges = 1 rupee / 10 oranges = 0.1 rupee per orange. - The man sells 8 oranges for 1 rupee. - Therefore, the Selling Price (SP) for 1 orange = Total Selling Price / Number of Oranges = 1 rupee / 8 oranges = 0.125 rupee per orange. ### Step 2: Calculate the Profit per Orange - Profit per orange = Selling Price - Cost Price - Profit per orange = 0.125 rupee - 0.1 rupee = 0.025 rupee. ### Step 3: Calculate the Profit Percentage - Profit Percentage = (Profit / Cost Price) × 100 - Profit Percentage = (0.025 rupee / 0.1 rupee) × 100 = 25%. ### Final Answer The profit percentage is **25%**. ---
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