Question

Kantabai bought 25 saris from a
wholesale merchant for ₹10000 and sold
them all at ₹460 each. How much profit
did Kantabai get in this transaction?​

Answer 1

Step-by-step explanation:

profit = selling price - cost price

selling price = 460 × 25 = 11500

cost price = 10000

profit = 11500 - 10000

profit = 1500

kantabhai got a profit of 1500

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Answer 2

No.of Saris= 25
Cost for a saris= rupees 10000
Cost for each= 10000 divided by 25
Cost for each= rupees 400
Cost Kantabai sold each at= rupees 460
Amount earned by Kantabai in total= 460 x 25
Amount earned by Kantabai in total= rupees 11500
Profit Kantabai got= 11500 — 10000
Profit Kantabai got= rupees 1500