Profit and loss

Quantitative Aptitude (MTS)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

52 oranges are bought for Rs119.60 and sold at the rate of Rs41.40 per dozen. The profit percentage is:

This questions was previously asked in

SSC MTS 18th October 2021 Shift-1

60%

45%

50%

40%

- Cost Price (CP) Calculation:

- Total cost for 52 oranges = Rs119.60

- Cost price per orange = Rs119.60 / 52 ˜ Rs2.30

- Selling Price (SP) Calculation:

- 1 dozen = 12 oranges

- Selling price for 1 dozen = Rs41.40

- Selling price per orange = Rs41.40 / 12 ˜ Rs3.45

- Profit Calculation:

- Profit per orange = Selling price per orange - Cost price per orange

- Profit per orange = Rs3.45 - Rs2.30 = Rs1.15

- Profit Percentage Calculation:

- Profit percentage = (Profit per orange / Cost price per orange) × 100

- Profit percentage = (Rs1.15 / Rs2.30) × 100 ˜ 50%

- Correct Answer: Option 3 - 50%