A dealer bought 50 apples for 40 rupees and sells them for 1.20 rupees each what is his percentage profit
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No of Apples bought,= 50
Total Cost Price, C.P = Rs 40
Selling price of each apple = Rs 1.2
Total Selling Price, S.P = Rs 50 × 1.2
S.P = Rs 60
Profit = 60 – 50 = 10
Profit % = 10 / 40 × 100
= 1/ 4 × 100
= 25%
Hope the solution is clear to you!!
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