A fruit seller bought apples at the rate of ₹120 for 4 apples. If he sells them at ₹480 a dozen, what is his profit percent?
HINT= (Answer will be 33.3%)
Answers
Answered by
1
Step-by-step explanation:
Cost Price of 4 apples = ₹120.
Then, Cost Price of 1 apple
= ₹(120/4) = ₹30
Selling Price of a dozen (12 apples) = ₹480.
Then,
Selling Price of 1 apple = ₹(480/12) = ₹40
Profit = Selling Price - Cost Price
= ₹(40 - 30)
= ₹10
Profit % = (Profit/C.P) × 100
= (10/30) × 100
= (1/3) × 100
= 100/3
= 33.3%
Similar questions