Multiple choice

A vendor buys oranges at the rate of 5 for Rs. 6 and sells at the rate of 2 for Rs. 3. What will be the result?

  1. 25 percent loss

  2. 25 percent gain

  3. 20 percent gain

  4. 20 percent loss
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The cost price of 5 oranges is Rs. 6, so 1 orange costs Rs. 1.20. The selling price of 2 oranges is Rs. 3, so 1 orange sells for Rs. 1.50. The gain is 0.30 per orange, which is (0.30/1.20) * 100 = 25 percent.

AI explanation

To make the cost price and selling price comparable for the same quantity, assume the vendor buys and sells 10 oranges. The cost price for 10 oranges at 5 for Rs 6 is Rs 12. The selling price for 10 oranges at 2 for Rs 3 is Rs 15. The profit percentage is calculated as ((15 - 12) / 12) * 100, which equals 25 percent gain.

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