Question

Ram bought 20 refills and sold them at ®4 each.If it had cost ®50 for the refills what was his profit or loss percent

Answer 1

Ram bought rifles = 20

He sold 1 rifle at = Rs 4 He sold 20 rifles = 20 × 4 = Rs 80 Cost price of 20 rifles = Rs 50 Profit = S.P -C.P = 80 - 50 = Rs 30 Profit % = P/C.P ×100 = 30/50 ×100 =30×2=60%

Answer 2

Answer:

60%

Step-by-step explanation:

CP of refills = 50

SP of refills = 20×4

=80

80-50=30

Profit % = P×100/CP

= 30×100/50 = 60%

Hope it helps

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