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    4. Profit and loss
    5. The cost price of 25 apples is Rs.50. If it is sold at 20% profit, then how many apples will be sold

    Question

    The cost price of 25 apples is Rs.50. If it is sold at

    20% profit, then how many apples will be sold for Rs.60?
    A 24 Correct Answer Incorrect Answer
    B 26 Correct Answer Incorrect Answer
    C 22 Correct Answer Incorrect Answer
    D 25 Correct Answer Incorrect Answer

    Solution

    Cost price of 1 apple = 50/25 = Rs.2 Selling price of 1 apple = 2 × 120% = Rs.2.4 Required number = 60/2.4 = 25

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