7. A milkman bought two cows for Rs 2300 and Rs 2100. He sold both cows for Rs 5000. Find the profit per cent. A man hought 40 dozens eqqs at the rate of Rs 12 per dozen. 48 3
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Answer:
13.63%
Step-by-step explanation:
Given :-
CP of first cow (CP1) = ₹2300
CP of second cow (CP2) = ₹2100
Total SP = ₹ 5000
To Find :-
Profit %
Solution :-
Total CP of cows = CP1 + CP2
=> 2300 + 2100
=> ₹4400
Now,
We know that
Profit = SP - CP
=> Profit = 5000 - 4400
=> Profit = ₹600
Now,
Profit % = Profit/CP × 100
=> 600/4400 × 100
=> 600/44
=> 150/11
=> 13.63%
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