The cost price of 5 oranges equal to the selling price of 8 oranges. Calculate the % profit or loss.  Choose the correct choice from the following answers.
A) 38.5% B) 37.5% C) 73.5% D) 32.5% E) 31.5%
Let the cost price of 1 orange is Rs 1   Cost of 8 orange = Rs 8   Selling price of 8 orange = 5   Gain/loss = 8 - 5= 
<gadget id="calculator">8 - 5</gadget>
<output>3</output>
3   %=3/8âˆ—100= 37.5   Answer: 37.5%
<result>B</result>
The cost price of 5 oranges equal to the selling price of 8 oranges. Calculate the % profit or loss.