A vendor bought apples at 8 for rs120 and sold them at 5 for rs 90 find profit% or loss%
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Answer:
20% profit
Step-by-step explanation:
C.P. of 8 apples = Rs.120
C.P. of 1 apple = Rs.120/8 = Rs.15
S.P. of 5 apples = Rs.90
S.P. of 1 apple = Rs.90/5 = Rs.18
Profit = Rs.(18-15) = Rs.3
Profit % = 3/15 x 100 = 20%
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