A Fruit seller purchased 500 mangoes at rs 2 each . 100 of them were rotten and he the sold rest in rs 3 each . find profit or loss percent
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Answer:
cost of one mango = 2 rs
cost of 500 such mango = 500 × 2 = 1000rs
Step-by-step explanation:
no of mango rotten = 100
no of mango left = 500 - 100 = 400
selling price of one mango = 3rs
selling price of 400 such mango = 400× 3 =1200 rs
profit gain by fruit seller = selling price - cost price = 1200 - 1000 = 200 rs
profit percentage = profit gained × 100 / cost price=
200 ×100 / 1000 =
2%
profit percentage gained by the shopkeeper = 2%
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