A man buys oranges at 18 for a rupee and sells them at 12 for a rupee. Find the profit percentage.
Aptitude
Profit and Loss
Difficulty: Easy
Choose an option
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A33.33 %
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B50 %
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C66.66 %
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DNone of these
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E40 %
Answer
Correct Answer: 50 %
Explanation
Introduction:Convert both buying and selling conditions to price per orange, then compute profit % using (SP − CP) / CP * 100.
Given Data / Assumptions:
- Buy: 18 for Rs 1 → CP per orange = Rs 1/18
- Sell: 12 for Rs 1 → SP per orange = Rs 1/12
Concept / Approach:Profit % = ((1/12 − 1/18) / (1/18)) * 100.
Step-by-Step Solution:SP − CP = 1/12 − 1/18 = (3 − 2)/36 = 1/36Profit % = (1/36) / (1/18) * 100 = (18/36) * 100 = 50%
Verification / Alternative check:On 36 oranges: CP = 2 rupees, SP = 3 rupees; profit = 1 rupee → 50% of CP.
Why Other Options Are Wrong:33.33%, 66.66%: Result from mis-scaling.None of these, 40%: Do not match calculation.
Common Pitfalls:Using per-dozen math directly without converting to unit rates leads to mistakes.
Final Answer:50 %