Question

A shopkeeper purchased a specific product at the rate of Rs. 4.50 per pound and sold at Rs.3.75 per pound . Determine the loss shopkeeper had if he purchased abd sold 200 pounds of this product.​

Answer 1

it's his loses not your

Answer 2

Answer:

Given cost price of potatoes is Rs.420

Selling price of potatoes is Rs.70×6.50=455

Gain percent is

420

455−420

×100=8

3

1

%