3. Hanif bought one box of 50 apples for 400. He sold all the apples at the rate of 10
each. Was there a profit or a loss? What was its percentage ?
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Step-by-step explanation:
Total no. of apples in the box =50
Cost price of 50 apples =Rs.400
Selling price of one apple =Rs.10
Selling price of 50 apples =10×50=Rs.500
Since S.P.>C.P.
Therefore,
Profit %=
C.P.
S.P.−C.P.
×100=
400
500−400
×100=
4
100
=25%
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