Question

A shop keeper brought 120 sweets at 20p each. In his house,18 were consumed and he sold the remaining at 30p each.Find his profit or loss as percent

Answer 1

Cost price of the sweets=120×20 p=2400p=Rs.24
No.of sweets to be sold=120-18=102
Selling price of the sweets=102×30 p=3060p=Rs.30.60
Since,SP>CP,gain is procured
profit=SP-CP
=Rs.(30.60-24)=Rs.6.60
Profit %=(profit/CP×100)%=(6.60/24)×100=27.5%(Ans.)