Question : A fruit seller buys oranges at the rate of Rs. 10 per dozen and sells at the rate of Rs. 12 per dozen. Calculate his percentage gain.
Option 1: $20\%$
Option 2: $15\%$
Option 3: $12\%$
Option 4: $8\frac{1}{3}\%$
New: SSC CHSL Tier 2 answer key released | SSC CHSL 2024 Notification PDF
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: $20\%$
Solution : Given: Cost price (CP) of 12 oranges = Rs. 10 Selling price (SP) of 12 oranges = Rs. 12 Profit = SP – CP = 12 – 10 = Rs. 2 Profit % = $\frac{\text{Profit}}{\text{CP}} × 100=\frac{2}{10} × 100= 20\%$ Hence, the correct answer is 20%.
Candidates can download this e-book to give a boost to thier preparation.
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
Question : The cost price of two dozen bananas is Rs. 30. After selling 15 bananas at Rs. 12 per dozen, the shopkeeper sells the remaining bananas at Rs. 5 per dozen. What is the loss percentage?
Question : A rice trader buys 8 quintals of rice for Rs 3600. 10% of rice is lost in transportation. At what rate should he sell to earn a 15% profit?
Question : A shopkeeper blends two varieties of tea costing Rs. 18 and Rs. 13 per 100 gm in a ratio of 7 : 3. He sells the blended variety at the rate of Rs. 18.15 per 100 gm. His percentage gain in the transaction is:
Question : A milk merchant buys 30 litres of milk at the rate of Rs. 50 per litre and mixes 20 litres of water in it (water is free of cost). If he sells this mixture at the rate of Rs. 48 per litre, then what is the profit percentage?
Question : A merchant marked his goods 20% above the cost price and sold the goods at a profit of 8%. The rate of discount is:
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile