A shopkeeper purchases 15 mangoes for Rs. 10 and sells 10 mangoes at the rate of Rs. 15. what is the profit earned by him?
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8
A shopkeeper purchases 15 mangoes for Rs. 10 and sells 10 mangoes at the rate of Rs. 15.
Given,
The cost price of 15 mangoes = Rs. 10
Therefore the cost price of 1 mango = 10/15 = Rs. 0.67
The selling price of 10 mangoes = Rs. 15
Therefore the selling price of 1 mango = 15/10 = Rs. 1.5
Since SP > CP
Profit = SP - CP
= 1.5 - 0.67
= 0.83
Profit earned by a shopkeeper per mango is Rs. 0.83
For 10 mangoes the profit earned by a shopkeeper is = 10 × 0.83 = Rs. 8.3
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2
Answer:
- 8.3 is correct answer
Step-by-step explanation:
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