a fruit seller buys 700 Orange at the rate of rupees 500 for hundred orange and then other variety of 500 Orange at the rate of rupees 700 for 100 orange and sells them at rupees 84 per dozen find the profit percent
Answers
Answer:
Step-by-step explanation:
Profit= (SP - CP)/CP
SP = (Total/12)*84
Total = 1200
Hence, SP = 8400
CP = (700*500)/100 + (500*700)/100
Hence, CP = 7000
PROFIT = (8400-7000)/7000
PROFIT = 1400/7000
PROFIT = 0.2
PROFIT IN PERCENTAGE = 20%
The profit percent is 20%.
Explanation:
For one variety,
Cost of 100 oranges = rs 500
Then Cost of 700 oranges = 7 x ( rs 500) = Rs 3500
For another variety,
Cost of 100 oranges = rs 700
Then Cost of 500 oranges = 5 x ( rs 700) = Rs 3500
Total oranges of both varieties = 700+500= 1200
Total cost of oranges = Rs 3500+Rs 3500 = Rs 7000
Selling price of one dozen of oranges = Rs 84
i.e. Selling price of 12 oranges = Rs 84
i.e. Selling price of 1 orange= Rs 84 ÷ 12 = Rs 7
Selling price of 1200 oranges = 1200 x (Selling price of 1 orange)
= 1200x 7= Rs 8400
Total Selling price of oranges =Rs 8400
Profit= Selling price - cost price
=8400-7000 =1400
Profit percentage=
Therefore , the profit percent is 20%.
# Learn more :
A fruit seller sells orange at the rate of rupee 100 per score and apple at the rate of rupee 100 per dozen. Find the ratio of the selling price of orange to apples.
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