Sameer bought apples at the rate of 180 per dozen and sold them at the rate of 5 for 90. Find his profit percent.
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Explanation :-
Given :
- Cost of dozen apples - Rs. 180
- S.P - 5 for Rs. 90
To find :
The profit percent
Solution :
C.P of 12 apples = Rs. 180
Therefore, C.P of 1 apple => Rs. 180/12 = Rs. 15
S.P of 5 apples = Rs. 90
Therefore, S.P of 1 apple => Rs. 90/6 = Rs. 16
Since, S.P > C.P
There is a profit.
Profit => (S.P - C.P) = Rs.(16 - 15) = Rs. 1
Profit percentage = (P/C.P × 100)%
= (1/15 × 100)%
= 6.66%
Hence, The profit made is 6.66% respectively
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