Multiple Choice Questions on An apple merchant finds that the cost of 2750 apples is the same as the selling price of 2500 apples........... for CDS Exam Preparation

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Multiple Choice Questions

An apple merchant finds that the cost of 2750 apples is the same as the selling price of 2500 apples...........

Quantitative Aptitude (CDS) Profit and loss
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    An apple merchant finds that the cost of 2750 apples is the same as the selling price of 2500 apples. His loss or gain will be.

     

    4%

    Incorrect Answer

    6%

    Incorrect Answer

    10%
     

    Correct Answer

    11%
     

    Incorrect Answer
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    Explanation:

     According  to question, 
    2750CP=2500SP
    CP/SP=  2500/2750=  10/11 1 unit profit
    then Profit%=  1/10×100= 10%gain.

    By: bhavesh kumar singh
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