A man purchases some oranges at the rate of 3 for Rs. 40 and the same quantity a

Question

A man purchases some oranges at the rate of 3 for Rs. 40 and the same quantity at 5 for Rs. 60. If he sells all the oranges at the rate of 3 for Rs. 50, find his gain or loss percent ( to the nearest integer ) = ?

Options:

A . 34% loss

B . 31% profit

C . 31% loss

D . 32% profit

Answer: Option D

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