Oranges are bought at 5 for ₹ 10 and sold at 6 for ₹ 15. The profit or loss as percentage is
Aptitude
Profit and Loss
Difficulty: Easy
Choose an option
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A25%
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B35%
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C40%
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D50%
Answer
Correct Answer: 25%
Explanation
### Concept & Formula
Profit or loss percentage is determined by comparing the Cost Price (CP) of a single unit with its Selling Price (SP).
$$Profit \% = \left( \frac{SP - CP}{CP} \right) \times 100$$
### Step-by-Step Solution
* **Given:** 5 oranges bought for ₹ 10; 6 oranges sold for ₹ 15.
* **Calculation:**
1. CP of 1 orange = $\frac{10}{5} = \text{₹ } 2$
2. SP of 1 orange = $\frac{15}{6} = \text{₹ } 2.5$
3. Profit = $SP - CP = 2.5 - 2 = \text{₹ } 0.5$
4. Profit \% = $\left( \frac{0.5}{2} \right) \times 100 = \frac{50}{2} = 25\%$
### Exam Strategy & Shortcut
Equate the number of articles. LCM of 5 and 6 is 30.
CP of 30 oranges = $10 \times 6 = 60$
SP of 30 oranges = $15 \times 5 = 75$
Profit = $75 - 60 = 15$
Profit \% = $\left(\frac{15}{60}\right) \times 100 = 25\%$.
### Common Pitfall
Students often mix up the numerator and denominator when finding the price per unit, mistakenly calculating $5/10$ instead of $10/5$. Always divide Price by Quantity.
### Final Answer
Therefore, the correct answer is **25%**.