Multiple choice

What is the profit percent if the cost price of $50$ oranges is equal to the selling price of $40$ oranges?

  1. $12.5\%$
  2. $25\%$
  3. $35\%$
  4. $40\%$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

50 * CP = 40 * SP => SP/CP = 50/40 = 1.25. Profit = (1.25 - 1) * 100 = 25%.

AI explanation

Let the cost price of one orange be Re. 1, making the cost price of 50 oranges Rs. 50. Since the selling price of 40 oranges equals Rs. 50, the selling price of one orange is 50 divided by 40, which is Rs. 1.25. Applying the profit percentage formula, ((1.25 - 1) / 1) * 100, gives a profit of 25%.