Question

1. A man sold 40 kg fruits at the rate of Rs.60 per kg and gained Rs 600. Calculate 1.his purchasing rate 2.profit%

Answer 1

SP of 1 kg fruits = ₹60

SP of 40 kg fruits = ₹60 × 40 = ₹2400

Profit = ₹600

CP of fruits = ₹2400 - ₹600 = ₹1800

Profit% = Profit / CP × 100

Profit% = 600/1800 × 100

Profit% = 1/3 × 100 = 100/3%

Profit% = 33 1/3%