Question

a man buys 5apples for rs 3 and sold them for rs 1.20 each. what was his loss or gain% ?

Answer 1

Answer:

No. of apples =5

Cost of each apple sold=1.20

Cost of 5apples =5×1.20

Step-by-step explanation:

5×1.20=₹6

profit=C÷S×100

profit=5÷6×100

profit=6×20

profit=12%

Answer 2

Step-by-step explanation:

Cp for 5 apples = ₹3

S. P. for 5 apples = 20 ✖ 5 = ₹6

profit = 6-3 = 3 ₹

profit% = 3 ✖ 100/3 = 100 %

I hope this answer will help you