a fruit seller bought 80 mangoes at ₹10 each 10 of them could not be sold as they got rotten he sold the remaining at ₹15 each what was the profit and loss percentage?
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ANSWER :-
Cost Price of mangos :-
= 80 x 10
= ₹ 800
10 mangoes got rotten so we have to substract them from the selling price (S. P.)
The fruit seller sold each mangoes at ₹ 15
So, Selling price of mangoes :-
= (80 - 10) x 15
= 70 x 15
= ₹ 1050
Since S. P. > C. P. , So It is a Profit.
PROFIT =
= S. P. - C. P
= 1050 - 800
= ₹ 250
PROFIT PERCENTAGE :-
Profit / C. P. x 100
= 250 / 800 x 100
= 31.25 % ____Answer
ANSWER :- 31.25 %
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