. A man bought 80 mangoes at Rs. 1 each. 10 of them could not sell at Rs.1.50 each. What was his
profit or loss?
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Answer:
25
Step-by-step explanation:
CP of 1 mango = Re 1.
So CP of 80 mangoes = Rs 80.
Number of mangoes which became rotten = 10.
Number of mangoes available for sale = 70.
SP of 1 mango = Rs 1.50.
SP of 70 mangoes = 1.50 x 70 = Rs 105.
Since SP > CP there is profit.
Profit = SP - CP = 105 - 80 = Rs 25
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