Question

Javaid bought 25 apples for Rs 10 and sold them at the rate of 24 apples for Rs12. What is the percentage of profit made by him?

Answer 1

Answer:

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HERE IS YOUR ANSWER. . . . . . . . . .

Step-by-step explanation:

CP of 25 apples = Rs 10

CP of 1 apples = 10 ÷ 25

=> 2/5

CP of 24 apples = 2/5×24

=> 9.6

SP of 24 apples = Rs 12

SP > CP (PROFIT )

Profit = SP - CP

= > 12 - 9.6

=> 2.4

Profit % = profit ×100 / CP

=> 2.4 × 100 / 9.6

=> 25 % answer

Answer 2

The percentage of profit = 25%

Given :

Javaid bought 25 apples for Rs. 10 and sold them at the rate of 24 apples for Rs. 12

To find :

The percentage of profit or loss

Solution :

Step 1 of 3 :

Write down Cost price and Selling price

Here it is given that Javaid bought 25 apples for Rs. 10 and sold them at the rate of 24 apples for Rs. 12

Rs. 1 = 100 paise

Cost price of 25 apples = Rs. 10 = 1000 paise

∴ Cost price of 1 apple = 1000/25 = 40 paise

Selling price of 24 apples = Rs. 12 = 1200 paise

∴ Selling price of 1 apple = 1200/24 = 50 paise

Step 2 of 3 :

Calculate amount of profit or loss

Now 50 paise > 40 paise

∴ Selling price > Cost price

So there is profit

Profit in 1 apple

= 50 paise - 40 paise

= 10 paise

Step 3 of 3 :

Calculate profit percentage

Hence the required profit percentage

$\displaystyle \sf{ = \frac{ 10 }{40 } \times 100 \% }$

$\displaystyle \sf{ = \frac{1}{4} \times 100 \% }$

$\displaystyle \sf{ = 25 \% }$

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