Question

Dilpreet bought 20 refils and sold them at rs 4 each .if the cost of all refils was rs 50 what was his profit or loss percent.?

Answer 1

Answer:

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Step-by-step explanation:

S.P of 1 refil = ₹4

So,SP of 20 refills = 20 × 4 = 80

CP of 20 refills = ₹50

As, SP is greater it is a profit.

So, Profit = SP - CP

= ₹(80 - 50)

= ₹30

So, Profit % = Profit/CP × 100%

= 30/50 × 100%

= 6%