Bought one box of 50 apples for rs 400. He sold all the apples at the rate of rs 10 each was there pfofit or loss
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Answer:
There is a profit of ₹ 100
Step-by-step explanation:
Cost of 50 apples = ₹ 400
Cost of 1 apple = 400/50
=₹ 8
Selling Price of 1 apple = Rs. 10
Profit on 1 apple = Selling Price - Cost Price
=10 - 8
= ₹ 2
Profit on 50 apples = 2 x 50
= ₹ 100
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