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?
- 28%
- 24%
- 30%
- 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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