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    Selling Price of 5 oranges = Cost Price of 8 oranges. Find the profit/loss percentage.
    Question

    Selling Price of 5 oranges = Cost Price of 8 oranges. Find the profit/loss percentage.

    A.

    60 percent

    B.

    30 percent

    C.

    10 percent

    D.

    25 percent

    Correct option is A

    Given:
    Selling Price of 5 oranges = Cost Price of 8 oranges
    Formula Used:
    Profit %=(S.P.C.P.C.P.)×100\text{Profit \%} = \left( \frac{\text{S.P.} - \text{C.P.}}{\text{C.P.}} \right) \times 100​​
    Solution:
    Selling Price (S.P.) × 5 = Cost Price (C.P.) × 8
    S.P.C.P.=85\frac{\text{S.P.}}{\text{C.P.}} = \frac{8}{5}​​
    Profit = (85)5\frac{(8 - 5)}5​ × 100
    => 35\frac 35​× 100
    => 60%

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