Question

How much profit does a fruit seller make if he sells
fruit costing Rs 300 at 20% above cost?

please provide a step by step explanation​

Answer 1

$\huge{\underbrace{\text{Question}}}$

How much profit does a fruit seller make if he sells fruit costing Rs.300 at 20% above cost?

$\huge{\underbrace{\text{Answer}}}$

Given,

$\sf{\rightarrow{Fruit\:seller\:makes\:20\% \: profit\:above\:cost\:price}}$

$\sf{\rightarrow{Sell\:price\:of\:the\:fruit\:is\:Rs.300}}$

To Find:-

$\sf{\rightarrow{The \:profit\:fruit\:seller\:makes}}$

Solution:-

Let the cost price be Rs.100

Hence, on 20% profit above cost,

Sell price = Rs. (100+20) = Rs.120

Now,

$\sf{If \: S.P.\:is\:Rs.120\:then\:C.P.\:is\:Rs.100}$

$\\ \sf{\rightarrow{If \: S.P.\:is\:Rs.1\:then\:C.P.\:is\:Rs. \frac{100}{120} }}$

$\\ \sf{\rightarrow{If \: S.P.\:is\:Rs.300\:then\:C.P.\:is\:Rs. \frac{100 \times 300}{120} }}$

$\sf{\therefore{The\:cost\:price\:of\:the\:fruit\: = \bold{Rs.250}}}$

Now,

We know that,

$\boxed{\sf{\blue{Profit = S.P. - C.P.}}}$

$\sf{\therefore{\bold{Profit} = Rs.300 - Rs.250}} \\ \\ \sf{\implies{{Profit} =\orange{ Rs.50}}}$

$\underline{\boxed{\rm{Hence, \: the \: fruit \: seller \: profits \: Rs.50 }}}$

Answer 2

$\huge{\underbrace{\text{Question}}}$

Question

Question

Question

Question How much profit does a fruit seller make if he sells fruit costing Rs.300 at 20% above cost?

$\huge{\underbrace{\text{Answer}}}$

Answer

Answer

Answer

Answer Given,

$\sf{\rightarrow{Fruit\:seller\:makes\:20\% \: profit\:above\:cost\:price}}$

→Fruitsellermakes20%profitabovecost

$\sf{\rightarrow{Sell\:price\:of\:the\:fruit\:is\:Rs.300}}$

→SellpriceofthefruitisRs.300

→SellpriceofthefruitisRs.300To Find:-

$\sf{\rightarrow{The \:profit\:fruit\:seller\:makes}}$

→Theprofitfruitsellermakes

→TheprofitfruitsellermakesSolution:-

→TheprofitfruitsellermakesSolution:-Let the cost price be Rs.100

→TheprofitfruitsellermakesSolution:-Let the cost price be Rs.100Hence, on 20% profit above cost,

→TheprofitfruitsellermakesSolution:-Let the cost price be Rs.100Hence, on 20% profit above cost,Sell price = Rs. (100+20) = Rs.120

→TheprofitfruitsellermakesSolution:-Let the cost price be Rs.100Hence, on 20% profit above cost,Sell price = Rs. (100+20) = Rs.120Now,

$Now,</em></strong></p><p><strong><em>[tex]Now,\sf{If \: S.P.\:is\:Rs.120\:then\:C.P.\:is\:Rs.100}IfS.P.isRs.120thenC.P.isRs.100$

IfS.P.isRs.120thenC.P.isRs.100

$\begin{gathered} \\ \sf{\rightarrow{If \: S.P.\:is\:Rs.1\:then\:C.P.\:is\:Rs. \frac{100}{120} }} \end{gathered}$

→IfS.P.isRs.1thenC.P.isRs.

→IfS.P.isRs.1thenC.P.isRs. 120

→IfS.P.isRs.1thenC.P.isRs. 120100

→IfS.P.isRs.1thenC.P.isRs. 120100

→IfS.P.isRs.1thenC.P.isRs. 120100

→IfS.P.isRs.1thenC.P.isRs. 120100

$\begin{gathered} \\ \sf{\rightarrow{If \: S.P.\:is\:Rs.300\:then\:C.P.\:is\:Rs. \frac{100 \times 300}{120} }}\end{gathered}$

→IfS.P.isRs.300thenC.P.isRs.

→IfS.P.isRs.300thenC.P.isRs. 120

→IfS.P.isRs.300thenC.P.isRs. 120100×300

→IfS.P.isRs.300thenC.P.isRs. 120100×300

→IfS.P.isRs.300thenC.P.isRs. 120100×300

$\sf{\therefore{The\:cost\:price\:of\:the\:fruit\: = \bold{Rs.250}}}$

∴Thecostpriceofthefruit=Rs.250

Now,

Now,We know that,

$\boxed{\sf{\blue{Profit = S.P. - C.P.}}} </em></strong></p><p><strong><em>[tex]\boxed{\sf{\blue{Profit = S.P. - C.P.}}} Profit=S.P.−C.P.</em></strong></p><p><strong><em>[tex]\boxed{\sf{\blue{Profit = S.P. - C.P.}}} Profit=S.P.−C.P.$

$\begin{gathered}\sf{\therefore{\bold{Profit} = Rs.300 - Rs.250}} \\ \\ \sf{\implies{{Profit} =\orange{ Rs.50}}}\end{gathered}$

∴Profit=Rs.300−Rs.250

∴Profit=Rs.300−Rs.250⟹Profit=Rs.50

∴Profit=Rs.300−Rs.250⟹Profit=Rs.50

∴Profit=Rs.300−Rs.250⟹Profit=Rs.50

$\underline{\boxed{\rm{Hence, \: the \: fruit \: seller \: profits \: Rs.50 }}}$

Hence,thefruitsellerprofitsRs.50

Hence,thefruitsellerprofitsRs.50

Hence,thefruitsellerprofitsRs.50

Hence,thefruitsellerprofitsRs.50