Question

a vendor bought 120 sweets at 20 paise each.In his house,18 were consumed and he sold the remaining at 30 paise each. Find his profit or loss as product

Answer 1

total no. of sweets remaining = 120-18 = 102
total cost price = 120 x 20 = 2400
total selling price = 102 x 30 = 3060
since SP > CP , he makes a profit
profit = SP -CP = 3060 - 2400 = 660

Answer 2

The % of the profit of the vendor will be 27.5%

Step-by-step explanation:

The vendor bought 120 sweets at 20 paise each.

So, the buying price of the 120 sweets is $\frac{120 \times 20}{100} = 24$ Rs.

Now, out of 120 sweets, 18 were consumed and the remaining (120 - 18) = 102 number of sweets are sold at the rate of 30 paise each.

So, the sale price of 102 sweets will be $\frac{102 \times 30}{100} = 30.6$ Rs.

Hence, the total profit of the vendor is (30.6 - 24) = 6.6 Rs.

Therefore, the % of the profit of the vendor will be $\frac{6.6}{24} \times 100\% = 27.5\%$

(Answer)