A business man buy 3 mango of 2rs. and sold 2 mango for 3rs. what profit he got and profit percent
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Cost price of 3 mangoes = Rs 2
Cost price of 1 mango = Rs 2/3 = Rs 0.66
Selling price of 2 mangoes = Rs 3
Selling price of 1 mango = Rs 3/2 = Rs 1.5
■ Profit earned = S.P -C.P.
= 1.5 - 0.66 = Rs 0.84
Profit percentage = 100× profit / cost price %
= 100× 0.84 / 0.66%
= 100 × 1.2727%
= 127.2727%
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