I bought 50 kg of apple @ 70rupees per kilo. 5kg apples were found rotten. I sold the rest @80 rupees per kg. Calculate the %of profit or loss..
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Answer:
Apple buy =50kg*70=3500
rotten Apple =5kg*70=350
Apple sold =50-5=45
=45*80=3600
find %of profit or loss
total profit =selling price -cost price
than profit =3600-3500=100
=100/3500*100
=2.85%(approx.3%)
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