Joshi bought 5 Quintal potatoes at ₹200 per Quintal and paid a total cartage of ₹40.50. He sold these at ₹230.25 per Quintal. Find his profit.
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Answer: Rs.110.75
Step-by-step explanation:
If C.P. of 1quintal =rs.200
Then C.P. of 5quintal = rs.200×5=rs.1000
Cartage paid =rs.1000+40.50=1040.5
S.P. of 5 quintal potatoes =5×230.25=1151.25
Profit =1151.25-1040.5 = rs.110.75
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