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Aptitude · Q256

Profit And Loss

Competitive Exams · Aptitude · question 256

Q256

A man purchases some oranges at the rate of 3 for Rs. 40 and the same quantity at 5 for Rs. 60. If he sells all the oranges at the rate of 3 for Rs. 50, find his gain or loss percent ( to the nearest integer ) = ?

A.
34% loss
B.
31% profit
C.
31% loss
D.
32% profit
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Man purchased 15 oranges of each type
CP of 1st type
CP of 2nd type
Total cost price = (200 + 180) = 380
Total selling price
∴ Profit percentage