A fruit vendor buys oranges at the rate of 5 for Rs.40 and sells them at Rs.9 per orange. Find his gain percent.

# A fruit vendor buys oranges at the rate of 5 for Rs.40 and sells them at Rs.9 per orange. Find his gain percent.

1. A
2. B
3. C
4. D

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### Solution:

Concept- A percentage is indeed a number or ratio that is a fraction of one hundred. Profit and loss percentage refers to the quantity of profit or loss which has been imposed in percentage terms.
Here, he buys 5 oranges for Rs.40. Then, the cost of each is Rs.8.
Here, the selling price of each is Rs.9.
So, he gets Rs 1 profit by buying and selling each. Therefore, the gain % Hence, the correct answer is option (2).

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