Multiple choice

If a fruit vendor sells 60 mangoes, he will get the selling price of 6 mangoes as profit. What is his percentage of profit?

  1. 10 %

  2. 9.09 %

  3. 11.11 %

  4. 22.22 %
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Profit = SP of 6 mangoes. Total SP = 60 mangoes. CP = SP - Profit = SP of 54 mangoes. Profit % = (Profit / CP) * 100 = (6 / 54) * 100 = 1/9 * 100 = 11.11%.

AI explanation

Let the selling price of one mango be 1 rupee, making the total revenue for 60 mangoes equal to 60 rupees. The profit earned is the selling price of 6 mangoes, which is 6 rupees. Using the Profit Percentage Formula, the cost price is 60 minus 6, or 54 rupees. Therefore, the profit percentage is (6 divided by 54) times 100, which is 11.11 percent.

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