A bookseller purchased 100 story books for ₹ 2000 and sold each storybook for
₹24 What was the profit in rupees and percentage?
Answers
Answered by
0
Answer: 22 rupees profit .
Step-by-step explanation:
Purchased
100 books = 200 rupees
That means 1 book for 2 rupees
Selling
1 book for 24 rupees , so 22 rupees profit .
Hope it helps thx
Answered by
1
A bookseller purchased 100 story books for ₹ 2000
⇒ 100 books = ₹ 2000
⇒ 1 book = ₹ 2000/100
⇒ 1 book = ₹ 20/1
⇒ 1 book = ₹ 20 ..............(Cost Price)
And Sold each storybook for ₹24
⇒ 1 book = ₹ 24 ..............(Selling Price)
Profit = Selling Price - Cost Price
⇒ Profit = ₹ 24 - ₹ 20
⇒ Profit = ₹ 4
Profit Percentage = Profit/Cost Price × 100 %
⇒ Profit Percentage = 4/20 × 100 %
⇒ Profit Percentage = 1/5 × 100 %
⇒ Profit Percentage = 100/5 %
⇒ Profit Percentage = 20 %
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