Multiple choice

A fruit seller buys lemons at 2 for a rupee and sells them at 5 for three rupees. What is his profit percent?

  1. 8%

  2. 10%

  3. 15%

  4. 20%
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

CP of 1 lemon = 1/2 = 0.5. SP of 1 lemon = 3/5 = 0.6. Profit = 0.6 - 0.5 = 0.1. Profit % = (0.1 / 0.5) * 100 = 20%.

AI explanation

The cost price for one lemon is 1/2 rupee, while the selling price for one lemon is 3/5 rupee. The profit per lemon is 3/5 - 1/2 = 1/10 rupee. The profit percentage is calculated as ((1/10) / (1/2)) * 100, resulting in 20 percent.

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