Question

Mihir bought 20 refills and sold them at ₹ 4 each. If it had cost ₹ 50 for the refills , what was his profit or loss per cent​

Answer 1

Answer:

he had profit

profit percent is 60 percent

Step-by-step explanation:

1.20 refills

ge sold one refill to 4 rupees

so,for 20 refills cost is 80 rupees

2.And if he bought 20 refills for 50 rupees

3. he got profit

because 80>50

profit = sp - cp

profit = 80 - 50

= 30

4.profit percent = profit /CP ×100

5. profit percent = 30/50 × 100

= 60