A man buys 48 apples at ₹60 per dozen and sells them at ₹5.50 each. Find his profit percent.
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That man has a profit of 24/- Rupees .
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Answer:
cp of 48 = 60 ×48/12
cp of 48 = 60×4=240
cp of 1 =240/48
cp of 1 = 5 rupees
sp of 1 =5.50 rupees
p=5.50-5=0.50
p%=0.50/5×100
p%=10%
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