A fruit merchant purchased oranges at the rate of 6 for Rs.10 and sells them at 3 for Rs.6. What is his profit percent?
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Purchase price of 3 oranges is Rs. (10/2) I.e Rs. 5
Sale price of 3 oranges is Rs.6
Profit = 6-5 = 1
Profit % = 1/5 *100 = 20%
Purchase price of 6 oranges is Rs.10
Sale price of 6 oranges is Rs. (2*6) I.e Rs.12
Profit = 12-10 = 2
Profit % = 2/10 * 100 = 20%