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Oranges are bought at rate of 7 for ₹ 3. At what rate per hundred must they be sold to gain 33%? -

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Question

Oranges are bought at rate of 7 for ₹ 3. At what rate per hundred must they be sold to gain 33%?

Options

  • ₹ 56

  • ₹ 60

  • ₹ 58

  • ₹ 57

MCQ

Solution

₹ 57

Explanation:

C.P 100 oranges = `3/7 xx 100`

S.P = `300/7 xx 133/100`

S.P = ₹ 57

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Profit and Loss (Entrance Exam)
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