Correct option is D
Given
Cost Price (CP) of 1 orange = ₹ 8
Total oranges bought = 100
Selling Price (SP) of 80 oranges = ₹ 10 each
Selling Price (SP) of remaining 20 oranges = ₹ 6 each
Formula Used
Total CP = CP per unit Total units
Total SP = Sum of SP of all sold items
Profit Percentage =
Solution
Calculate Total Cost Price:
Total CP =
Calculate Total Selling Price:
SP from first 80 oranges =
SP from remaining 20 oranges =
Total SP = 800 + 120 = 920
Calculate the profit:
Profit = 920 - 800 = 120
Calculate Profit Percentage:
Profit % =
Final Answer
So the correct answer is (d)