More Questions from Profit and Loss

Ragini buys oranges at Rs 10 per dozen and sells them at Rs 12 for every 10 oranges. Find her profit percentage.

Aptitude Profit and Loss Difficulty: Easy
Choose an option
  • A
    40 %
  • B
    44 %
  • C
    60 %
  • D
    48 %
  • E
    None of these

Answer

Correct Answer: 44 %

Explanation

Introduction:Convert both buying and selling terms to unit rates (per orange) and then compute profit percentage using the standard formula (SP − CP)/CP * 100. Mixed “per dozen” and “per ten” wordings often hide simple unit arithmetic.

Given Data / Assumptions:

  • CP: Rs 10 per 12 oranges → CP per orange = 10/12
  • SP: Rs 12 per 10 oranges → SP per orange = 12/10

Concept / Approach:Profit% = ((SP − CP) / CP) * 100 after computing per-piece prices. Keep exact fractions to avoid rounding errors.

Step-by-Step Solution:CP per orange = 10/12 = 5/6 ≈ 0.8333SP per orange = 12/10 = 6/5 = 1.2Profit% = ((1.2 − 0.8333)/0.8333) * 100 = (0.3667/0.8333) * 100 ≈ 44%

Verification / Alternative check:On 30 oranges: CP = (5/6)*30 = 25; SP = (6/5)*30 = 36; profit = 11; profit% = 11/25 * 100 = 44%.

Why Other Options Are Wrong:40%, 48%, 60%: Do not match the exact ratio 6/5 versus 5/6.

Common Pitfalls:Forgetting that dozen = 12; mixing up the bases (per 10 vs per 12) and doing a direct percentage on rupees rather than unit cost.

Final Answer:44 %

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