A balloon seller sells one balloon for Rs 12 and makes a profit of Rs 2. Today he has collected Rs 600. Find the balloon seller's profit.
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Answer:
If he sells a balloon and makes two rupees profit on each balloon then in rupees 600 how many balloons has he sold.
He has sold 50 balloons.
So therefore we know the profit on each balloon ,then the profit on 50 balloons is profit on each balloon multiplied by the number of balloons.
Then his profit will be 2*50 = Rupees 100.
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Hope you understood I think so..
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