If the selling price of 10 mangoes is equal to the cost price of 12 mangoes. Find the profit percentage.
Answers
Answered by
4
Answer: 20%
Explanation:
Let cost price of 1 mango be x and selling price of 1 mango be y
We know that
12x = 10y ⇒ 6x = 5y
⇒ y/x = 6/5
Profit percentage = Profit/CP × 100% = (SP - CP)/CP × 100%
= (SP/CP - 1) × 100% = (y/x - 1) × 100% = (6/5 - 1) × 100%
= 100/5 % = 20%
Hope it helped
Answered by
0
Answer:
20 %
Step-by-step explanation:
selling price of 10 mangoes = cost price of 12 mangoes
let the cost price of 1 mango be x
therefore cost price of 1 mango = (12/10 x)
profit = sp -cp
if sp = cp
then 12 - 10
= 2
profit % =2/10*100
therefore profit % =20%
Hope it helped
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