A fruit seller buys 2 apples for a rupee and sells 5 apples for 3 rupees. What is his percentage profit per apple?
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For every 10 apples he buys, it costs him 5 rupees. For every 10 apples he sells, he collects 6 rupees.
Thus, he makes 1 rupee per 10 apples, so he makes 0.10 per 1 apple. Since each apple costs him 0.50 rupees, his percentage profit is 0 . 5 0 . 1 = 2 0 % .