Question

Mohan bought 50 kg of potatoes for rupees 500. if he sold the potatoes at Rs 12 per kg .what was his profit ?
also calculate his profit percent?

Answer 1

12×50=600

Profit=600-500=100

profit percentage=100/500×100=20%

Answer 2

cp of 50kg of potatoes =500
sp of 1kg of potatoe=12
sp of 50kg of potatoes =600
profit=(sp-cp)/cp×100
p=(100/500)×100
profit=20%
hope you got it