A milkman bought 500 litres of milk at a rate of Rs 20 per litre and sold it at Rs 22 per litre. On selling the milk, there was a wastage of 5% milk. Find out the profit percent.
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Answered by
1
Answer:
Profit = 4.5 %
Step-by-step explanation:
Total cost of 500 ltr milk
= 500 * 20
=Rs 10000
5% wastage = ( 5/100 * 500)
= 25 ltr
Milk left after wastage
= 500 - 25
= 475 ltr
Selling price 475 ltr milk
= 475 * 22
= Rs. 10450
Profit % = ( (10450- 10000) / 10000 * 100 )
= 450 / 100
= 4.5 %
Answered by
2
Answer:
Answer:
Profit = 4.5 %
Step-by-step explanation:
Total cost of 500 ltr milk
= 500 * 20
=Rs 10000
5% wastage = ( 5/100 * 500)
= 25 ltr
Milk left after wastage
= 500 - 25
= 475 ltr
Selling price 475 ltr milk
= 475 * 22
= Rs. 10450
Profit % = ( (10450- 10000) / 10000 * 100 )
= 450 / 100
= 4.5 %
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