Question

Akhil purchased 70kg vegetable at rs. 420, then sold them at the rate of rs. 6.50 per kg, find the profit percent.

Answer 1

CP of 1kg vegetable = 420/70 = Rs.6

SP of 1kg Vegetable = Rs.6.50

Gain = 6.50 - 6 = 0.50

Percent = 0.50 /6 x 100 = 8.33%

Answer 2

Answer:

The profit % is 8.3%

Step-by-step explanation:

We are given that Akhil purchased 70 kg vegetable at rs. 420

Cost of 70 kg = Rs.420

Cost of 1 kg = $\frac{420}{70}=6$

CP of 1 kg sugar = Rs.6

SP of 1 kg sugar = Rs 6.50

Profit = SP -CP = Rs 6.50-Rs.6 = Rs.0.50

Profit% = $\frac{Profit}{CP} \times 100$

Profit% = $\frac{0.50}{6} \times 100$

Profit% = $8.3\%$

Hence The profit % is 8.3%