Question

Ravi purchased 40 dozens of apples for rs 1200 he incurred transportation charges of rs 200 he could not sell 5 dozens apples as they were spoiled he sold the remaining apples at rs 45 each dozen and told that he got loss

Answer 1

Total cost of 40dozen apples = 1200 + 200 = Rs.1400

SP of 35dozen apples = 45 x 35 = Rs.1575

No, Ravi got profit by Rs.175   (1575 - 1400 = 175)