A vegetable seller bought 100 kg of potatoes at 3.80 rupees per kilo.
He sold 75 kg at 4.25 rupees kilo and 25 kg at 3.20 rupees kilo. What is his profit or loss?
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Answer:
Rs 18.75
Step-by-step explanation:
Vegetable seller bought potatoes at Rs 3.80/kg
Total Cost price = 3.80×100 = Rs 380
He sold 75kg at Rs 4.25 rupees / kilo
S.P = 75 × 425/100
= 3×425/4
= 318.75
He sold remaining 25 kg at Rs 3.20/kg
S.P = 320/100×25
= Rs 80
Total S.P = 318.75 + 80
= Rs 398.75
Profit = Rs 398.75 - Rs 380
= Rs 18.75
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