Question

Rupesh bought 120 oranges at 3 for rs 2 and sold at 2 for rs 3. Find the profit or loss

Answer 1

cost price of 3 oranges = 2Rs

cp of 120 oranges(3×40)= 40×2 = 80rs

selling price of 2 oranges =3rs

sp of 120(2×60) oranges = 3×60 = 180rs

thus profit = sp - cp = 180-80 = 100rs