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Q · Profit and lossMedium · 45s
The cost price of 12 oranges is equal to the selling price of 9 oranges and the discount on 10 oranges is equal to the profit on 5 oranges. What is the percentage point difference between the profit percentage and discount percentage?
TopicProfit and loss
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.25
Test Duration30 min
Step-by-Step Solution
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Cost price of 12 oranges = Selling price of 9 oranges
Let the cost price of each orange be Rs.9
12 × Rs.9 = Selling price of 9 oranges
Selling price of 1 orange = Rs.12
Profit on 1 orange = Rs.12 – Rs.9
Final Answer: Option A - 20