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# By selling 5 oranges, a shopkeeper gains the selling price of 1 orange. Find his profit percentage.
O 50%
O 25%
O 15%
O 20%​

Sagot :

profit from selling 5 oranges is 20%

Profit percentage of  selling 5 oranges, a shopkeeper gains the selling price of 1 orange is equals to 25%.

What is profit?

" Profit is defined as difference of cost price from selling price when the selling price of a product is greater than its cost price."

Formula used

Profit percentage = [tex]\frac{Selling price - cost price}{cost price} (100)[/tex]

According to the question,

We know that,

Selling price = cost price + profit

Substitute the given condition in the selling price formula we get,

Selling price of 5 oranges

= Cost price of 5 oranges + Selling price of 1 oranges

⇒(S.P of 5 oranges) - (S.P of 1 oranges) = C.P. of 5 oranges

S.P of 4 oranges = C.P of 5 oranges

⇒[tex]\frac{S.P}{C.P}=\frac{5}{4}[/tex]

Substitute the value in the formula to get profit percentage,

Profit percentage = [tex]\frac{5-4}{4}(100)[/tex]

                              = 25%

Hence, profit percentage of  selling 5 oranges, a shopkeeper gains the selling price of 1 orange is equals to 25%.

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