Ramu purchased 20 parrots at 30 each. Two parrots flew away and Ramu sold the rest of the parrots at 40 each. Calculate the profit or loss percentage of Ramu.
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Answered by
72
Find the total cost price:
Cost Price of 1 parrot = 30
Cost Price of 20 parrots = 30 x 20 = Rs 600
Find the selling Price:
Number of parrots left to sell = 20 - 2 = 18
Selling Price of 1 parrot = 40
Selling Price of 18 parrots = 40 x 18 = Rs 720
Find the profit percentage :
Profit = Selling Price - Cost Price
Profit = 720 - 600 = Rs 120
Profit Percentage = profit/cost price x 100
Profit Percentage = 120/600 x 100 = 20%
Answer: The profit percentage is 20%
Answered by
46
given
each parrot = Rs 30 .
20 parrots = 20 x 30 = Rs 600.
given
two parrots flew away
20 - 2 = 18.
given
selling price of each parrot is Rs 40
18 parrots = 18 x 40 = 720 .
cp = 600 sp = 720 .
sp is more so profit
profit = sp - cp = 720 - 600 = 120.
profit % = profit / cp x 100
= 120 / 600 x 100 = 20.
hence , profit Percentage = 20%
each parrot = Rs 30 .
20 parrots = 20 x 30 = Rs 600.
given
two parrots flew away
20 - 2 = 18.
given
selling price of each parrot is Rs 40
18 parrots = 18 x 40 = 720 .
cp = 600 sp = 720 .
sp is more so profit
profit = sp - cp = 720 - 600 = 120.
profit % = profit / cp x 100
= 120 / 600 x 100 = 20.
hence , profit Percentage = 20%
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