Hanif bought one box of 50 apples for Rs 400. he sold all the apples at the rate of Rs 10 each. was there a profit or a loss?
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Answer:
He sold all the apples at the rate of ₹10 each. Hence, it's 25% profit.
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Answered by
1
Answer:
Question:-
Hanif bought one box of 50 apples for Rs 400. He sold all the apples at the rate of Rs 10 each. was there a profit or a loss?
Given:-
Hanif bought one box of 50 apples for ₹400.He sold all the apples at ₹10 each
To find:-
To find it is a profit or loss
As we know one box of 50 apples is ₹400
In selling,
Cost of 1 apple is ₹10
So, cost of 50 apples=10×50
=₹500
so in this
Selling price is greater that cp
So it is profit
Additional information:-
- When cp greater than sp it is a loss
- When sp is greater than cp it is a profit
- Profit=S.P-C.P
- Loss=C.P-S.P
- Profit%=
- Loss%=
Sp=selling price, Cp=cost price
Step-by-step explanation:
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