Profit & Loss · Question 14 · Hard

A fruit seller buys apples at 4 for ₹15 and sells them at 5 for ₹24. What is his profit percentage?

  1. 28%
  2. 24%
  3. 30%
  4. 32%
Answer and explanation

Answer: A. 28%

Explanation: CP per apple = ₹3.75 and SP per apple = ₹4.80. Profit = ₹1.05, and 1.05/3.75 × 100 = 28%.

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