100 apples brought at the rate of rupees 350 and sold at the rate of rupees 48 per dozen. find the profit percentage
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GivEn :-
Apples brought = 100
At the rate of = ₹ 350
Sold at the rate of = ₹ 48 per dozen.
To finD :-
The profit / gain percentage.
Steps :-
Cost price of 100 apples = ₹ 350
Cost price of 1 apple = 350 / 100 = ₹ 3.5
⠀⠀
⠀⠀ ⠀⠀⠀⠀1 dozen = 12 apples
⠀⠀
Selling price of 12 apples = ₹ 48
Selling price of 1 apple = 48 / 12 = ₹ 4
Profit = 4.0 - 3.5
⠀⠀⠀⠀⠀= 0.5
━━━━━━━━━━━━━━━━━━━━
⠀⠀
Now, we need to find the profit percentage.
Profit % = [ ( profit × 100 ) / CP % ]
⠀⠀⠀⠀⠀= [ ( 0.5 × 100 ) / 3.5 ]
⠀⠀⠀⠀⠀= 100 / 7
⠀⠀⠀⠀⠀= 14⠀ 2 / 7 %
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