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A man bought 18 orange for a rupee and sold them at 12 orange s for a rupee. What is the profit percentage?

1)33.33%

2)50%

3)66.66%

4)none of these


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    50%

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  • Exam: Profit and Loss QUESTIONS





    CP/SP=2/3
    ∴Profit (%)=1/2×100=50%
    Alternatively:CP=100/18=5.55 paise
    SP=100/12=8.33 paise
    Profit =(8.33-5.55)/5.55×100=50%


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