A bought oranges at 20 for ₹50 and sold at 10 for ₹30. What is his profit percentage? - Quantitative Aptitude MCQ Competitive Exam 2026 | ExamTest.live | ExamTest.live

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A bought oranges at 20 for ₹50 and sold at 10 for ₹30. What is his profit percentage?

A $20%$
B $15%$
C $12%$
D $10%$

Solution & Step-by-step Explanation

Cost Price (CP) of 20 oranges = ₹50 CP of 1 orange = \frac{50}{20} = ₹ 2.5 Selling Price (SP) of 10 oranges = ₹30 SP of 1 orange = \frac{30}{10} = ₹ 3 Profit per orange = SP - CP = 3 - 2.5 = ₹ 0.5 $ Profit Percentage = \frac{Profit}{CP} \times 100 $ Profit Percentage = \frac{0.5}{2.5} \times 100 = \frac{1}{5} \times 100 = 20%

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A bought oranges at 20 for ₹50 and sold at 10 for ₹30. What is his profit percentage?

A

20%

B

15%

C

12%

D

10%

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