selling 10 oranges

This topic has expert replies
User avatar
GMAT Instructor
Posts: 3650
Joined: Wed Jan 21, 2009 4:27 am
Location: India
Thanked: 267 times
Followed by:80 members
GMAT Score:760

selling 10 oranges

by sanju09 » Tue Jan 12, 2010 5:31 am
By selling 10 oranges a vendor gains the selling price of two oranges. What is his gain percent?
(A) 20
(B) 22 ½
(C) 25
(D) 27 ½
(E) 30
The mind is everything. What you think you become. -Lord Buddha



Sanjeev K Saxena
Quantitative Instructor
The Princeton Review - Manya Abroad
Lucknow-226001

www.manyagroup.com
Source: — Problem Solving |

Master | Next Rank: 500 Posts
Posts: 392
Joined: Thu Jan 15, 2009 12:52 pm
Location: New Jersey
Thanked: 76 times

by truplayer256 » Tue Jan 12, 2010 5:34 am
Oranges sell for x dollars each and are bought for y dollars each.

10x-10y=2x

x-y=x/5

y=4x/5

10x-8x/(8x)*100=25%