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By selling 150 mangoes, a fruit-seller gains the selling price of 30 mangoes. Find the gain percent?

Correct answer: B. 25%

  • A. 20%
  • B. 25%
  • C. 18%
  • D. 30%

Explanation

Let the selling price of one mango be Rs.1, so 150 mangoes sell for Rs.150 and the gain is the selling price of 30 mangoes, or Rs.30. The cost price is Rs.150 - Rs.30 = Rs.120, so gain percent = Rs.30/Rs.120 x 100 = 25%. Students may choose a by dividing the gain by the total selling price instead of the cost price.

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Profit and loss compare the cost price and selling price of an item, using profit or loss percentages based on the cost price unless stated otherwise. Questions include marked price, discount, successive discounts, commission, and finding an unknown price, with care needed to distinguish discount from loss.

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