on buying and selling 30 apples a merchant made a profit equals to the sp of 6 apples find the profit percentage
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profit percentage = 25 % if on buying and selling 30 apples a merchant made a profit equals to the sp of 6 apples
Step-by-step explanation:
Let say Cost Price of an apple = C
Selling Price of an Apple = S
Cost Price of 30 Apples = 30C
Selling Price of 30 Apples = 30S
Profit = 30S - 30C
Profit = 6S
30S - 30C = 6S
=> 24S = 30C
=> 4S = 5C
=> S = 1.25C
Profit = 1.25C - C = 0.25C
Profit % = (0.25C/C) * 100 = 25 %
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