Coconuts were purchased at rupees 150 per hundred and sold At per rupees2 per coconut. If 2000 coconut were sold , what was the total profit made ?
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Answer:
₹1000
Step-by-step explanation:
CP of 100 coconuts = Rs 150
∴ CP of 2000 coconuts = Rs 150 × 2000/100
= Rs 3000
? SP of 1 coconut = Rs 2
∴ SP of 2000 coconuts = Rs 2 × 2000
= Rs 4000
⇒ Profit = SP – CP
= 4000 – 3000
= Rs 1000
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