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A man bought some fruits at the rate 15 for Rs. 20 and sold them at the rate of 3 for Rs. 10. What is
the profit percent?

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155%

150%

165%

170%

answer is B.

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Detailed Solution

$C P = \frac{20}{15} = \frac{4}{3}$

$S P = \frac{3}{10} = \frac{10}{3}$

$p r o f i t % = \frac{S P - C P}{C P} \times 100$

$\frac{\frac{10}{3} - \frac{4}{3}}{\frac{4}{3}} \times 100 = \frac{\frac{6}{3} \times 100}{\frac{4}{3}}$

$= \frac{3}{2} \times 100 = 150 %$

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