Question

Rabin bought 5 apples for rs 30 and sold each at rs 8 how much percentage did he gain?

Answer 1

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Here is your answer.

C.P of 5 apples = Rs. 30


S.P of 1 apple = Rs. 8

S.P of 5 apples = 8 × 5

= Rs. 40

Hence,. Profit = S.P - C.P

= Rs. (40 - 30)

= Rs. 10

As we know the formula,

$profit\% = \frac{profit}{cp} \times 100 \\ \\ = \frac{10}{30} \times 100 \\ \\ = \frac{100}{3} \% \\ \\ = 33.33\%$

Therefore, Profit% is 33.33%.

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