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Umang sells 250 apples then he gets prof...

Umang sells 250 apples then he gets profit equal to sell price of 50 apples. What is his profit in percentage?

A

`5%`

B

`10%`

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: 1. **Understanding the Problem**: - Umang sells 250 apples. - The profit he makes is equal to the selling price of 50 apples. 2. **Assuming Selling Price**: - Let's assume the selling price of 1 apple is \( S \) rupees. - Therefore, the selling price of 250 apples is \( 250S \). - The profit is equal to the selling price of 50 apples, which is \( 50S \). 3. **Calculating Profit**: - Profit = Selling Price - Cost Price - From the information given, we know that: \[ \text{Profit} = 50S \] - Therefore, we can express the cost price (CP) in terms of selling price (SP): \[ \text{Cost Price} = \text{Selling Price} - \text{Profit} = 250S - 50S = 200S \] 4. **Calculating Profit Percentage**: - 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: \[ \text{Profit Percentage} = \left( \frac{50S}{200S} \right) \times 100 \] - Simplifying this: \[ \text{Profit Percentage} = \left( \frac{50}{200} \right) \times 100 = \frac{1}{4} \times 100 = 25\% \] 5. **Conclusion**: - Thus, the profit percentage is 25%.
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