Question
73 of
100
Question Palette
A shopkeeper purchases 15 mangoes for ₹10 and sells them at 10 mangoes for ₹15. Thus, he earns a profit of?
Correct Option:
A
Explanation
Cost price of one mango:
(₹10)/(15)=₹2/3.
Selling price of one mango:
(₹15)/(10)=₹3/2.
Profit per mango:
3/2-2/3=5/6.
Therefore,
Profit %
=(5/6)/(2/3)×100
=5/4×100
=125%.