A person buys 5 apples for Rs. 3 and sells 3 apples for Rs. 5. His profit percentage is:
✓ Correct Answer: Option C
CP of 15 apples = Rs. 9. SP of 15 apples = Rs. 25. Profit = 16/9 ≈ 177.8%. That seems high. Let me reconsider. CP per apple = 3/5. SP per apple = 5/3. Profit per apple = 5/3-3/5 = 16/15. Profit% = (16/15)/(3/5)×100 = (16/15)×(5/3)×100 = 8000/4500 = 177.8%. Hmm, recheck option C=77.8%. Actually profit% = (SP-CP)/CP × 100 = (5/3-3/5)/(3/5) × 100 = (16/15)/(3/5)×100 = (16×5)/(15×3)×100 = 8000/45 = 177.8%. None match exactly.
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This 2-level Mathematics question from the Quantitative Reasoning topic is part of One Paper Preparation's free exam preparation library. Each question includes the correct answer and a detailed explanation to help you understand the underlying concept, not just memorize the answer.
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