mohan bought 50kg of potoes for Rs500 .If he sold the pototoes atRs12 per kg .what was his profit .calculate his profit s percent?
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Given
50kg for ₹500
1kg potatoes cp=500/50=10
Sp=12
Profit on 1 kg =12-10=₹2
On 50kg =2x50=100
Profit=₹100
Profit %=(100/500)x100=20%
50kg for ₹500
1kg potatoes cp=500/50=10
Sp=12
Profit on 1 kg =12-10=₹2
On 50kg =2x50=100
Profit=₹100
Profit %=(100/500)x100=20%
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