Question

a milkman buys 20 litre of milk from diary for rupees 370 he sells it at the rate of rupees 20 .50 per litre find his profit or loss​

Answer 1

The Milkman buys 20 Litres of milk for 370. So, 1 Litre of milk would be (370/20) = 18.50 Rupees. Now, Lets subtract Selling Price (20.50 Rs) by Cost Price (18.50 Rs).

20.50 - 18.50 = 2 Rupees.

Thus, He is making a profit of 2 Rupees per Litre.

Answer 2

Step-by-step explanation:

A milkan ( let it be yours milkman from which you takes a milk everyday )

buys a 20 liter milk of Rs 370/-only

he sells it @ of Rs 20.50/- per liter.

From this data we can conclude the price of one liter milk .

rate of 1 liter milk= Rs370/ 20 liters

= Rs 18.5/- only

( so much सस्ता )

We know that the milkman sell 1 liter of milk @ of Rs 20.50/-

which means he ia selling milk in more Rs then he buys

which means on selling it in more Rs he earned a profit obiously .

now how much % profit he earned=Rs 18.5/ Rs 20.50×100

=90.24 %

we have to minus it with 100 so to find its profit%

so,= 100% - 90.24%

= 9.76% profit he earned