By selling 50 fruits, a fruit seller gains the selling price of 10 fruits. Find the gain percentage.
Show answer & explanation
Correct answer: D
Explanation
The Correct answer is option 4 i.e. 25%
Given that
By selling 50 fruits, a fruit seller gains the selling price of 10 fruits.
According to the question
Profit by selling 50 fruits = Selling price of 10 fruits
⇒ 50 S.P. - 50 C.P. = 10 S.P.
⇒ 40S.P. = 50C.P.
⇒ C.P./S.P. = 4/5
Hence,
Profit % = [(5 - 4)/4] × 100 = 100/4 = 25%