The C.P of 18 oranges is the same as the S.P of 15 oranges.Find the percentage gain?5%10%15%20%

Question

The C.P of 18 oranges is the same as the S.P of 15 oranges.Find the percentage gain?5%10%15%20%
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Solution 1

Let's solve this step by step:

Step 1: Assume the cost price (C.P) of one orange is $1. Therefore, the cost price of 18 oranges would be $18.

Step 2: According to the problem, the selling price (S.P) of 15 oranges is also $18. Therefore, the selling price of one orange would be $18/15 = $1.2.

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