A vendor buys 40 dozen lemons rs. 480 . he find that 40 lemon were rotten and sells the rest for rs. 1.50 each what is the orofit he makes ? what is the profit percent
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Answer:
37.5%
Step-by-step explanation:
Cost price = 480
Lemon bought = 40×12 = 480
Lemon rotten = 40
Lemon sold = 480-40 = 440
Selling price = 440×1.5 = 660
Profit = 660-480 = 180
Profit % = (180/480)×100
=37.5%
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