Jimmy bought 25 apples for Rs.10 and sold them at the rate of 24 apples for Rs.12. What is the percentage of profit made by him? A. 25% B. 70% C. 60% D. 100%

1 Answer

Answer :

Answer – A (25%)

Explanation – CP of 1 apple=10/25=2/5

SP of 1 apple=12/24=1/2

profit= 1/2-2/5=1/10

%= [(1/10) / (2/5) ] x 100 =25 %

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