Question

A fruit seller purchased 32 kg grapes for Rs. 960. He dried them to make raisins and would be able to
sell raisins for Rs. 65 per kg. He can get 800 gm raisins from 1 kg grapes. Find profit %

Answer 1

Answer:

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Step-by-step explanation:

The cost of 32 kg grapes = Rs. 960

The cost of 1 kg grapes

= Rs.(960)/(32)=Rs. 30

The selling price of 1 kg grapes = Rs. 65

Profit

=SP-CP=Rs. (65-30)

=Rs. 35

"Profit"%=("Profit")/(CP)xx100%

=(35)/(30)xx100%=116%

Answer 2

Concept:

Mathematicians use the profit and loss formula to calculate market prices for goods and to assess how lucrative a company is. There is a selling price and a cost price for every goods. We can determine the profit made or loss suffered for a certain product based on the values of these prices. Cost price, fixed, variable, and semi-variable costs, selling price, marked price, list price, margin, etc. are some of the key words that are addressed in this article.

For a shopkeeper, for instance, it is a profit if the selling price of a good is higher than the cost price, and it is a loss if the cost price is higher than the selling price.

Profit=SP-CP

LOSS=CP-SP

Given:

A fruit seller purchased 32 kg grapes for Rs. 960. He dried them to make raisins and would be able to sell raisins for Rs. 65 per kg.He can get 800 gm raisins from 1 kg grapes.

Find:

Find profit percentage

Solution:

The cost of 32 kg grapes = Rs. 960

The cost of 1 kg grapes

= Rs.(960)/(32)=Rs. 30

Using Unitary method,

1kg of grapes= 800 gm of resins

32kg of grapes =800 x 32 gm

                           =25600 gm of resins

                            =25.6 kg of resins

Total amount earned selling resins=25.6 x 65

                                                          =Rs 1664

Profit =SP-CP=Rs. (1664-960)

                     =Rs 704

Profit%=("Profit")/(CP)x100%

           =(704)/(960)x100%=73.33%

Therefore the profit percentage= 73.33%

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