Ramya bought 20kg of mangoes at ₹130 per kg and sold all the mangoes for ₹3,600.Howmuch profit or loss did Ramya make?
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PROFIT = ₹1,000
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Ramya bought 20kg of mangoes at ₹ 130 per kg and sold all the mangoes for ₹ 3,600. How much profit or loss did Ramya make?
CP of 1 kg mangoes = ₹ 130
SP of 20 kg mangoes = ₹ 3,600
The gain or loss.
CP of 1 kg mangoes
= ₹ 130
CP of 20 kg mangoes
= ₹ (130 × 20)
= ₹ 2,600
SP of 20 kg mangoes
= ₹ 3,600
Since, SP > CP, there is gain.
Profit = ₹ (3,600 - 2,600)
= ₹ 1,000
Profit = ₹ 1,000
Ramya made a profit of ₹ 1,000.
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