Question

A fruit seller bought applesfor Rs.500. He spent Rs.25 on transport and then sold for Rs.590. Find the

profit or loss.​

Answer 1

Answer:

The total expenses of the fruit seller for 120 oranges is Rs. 560.

His selling price all the oranges is Rs. 58.8 ×10 = Rs.588.

Thus he gains Rs. 588 - 560 = Rs. 28.

His profit percentage is 28/560 ×100 =5%.

Answer 2

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CP = Rs 500

Transport = Rs 25

Total CP = Rs 525

SP = Rs 590

SP>CP

Profit = SP - CP

Profit = Rs 590 - Rs 525

Profit = Rs 65

CP → Cost Price

SP → Selling Price