Some mangoes are purchased at the rate of 8 mangoes/rs and some more mangoes at the rate of 6 mangoes/rs, investment being equal in both the cases. Now, the whole quantity is sold at the rate of 3.5 mangoes/rs what is the net percentage prot/loss?
Answers
Answered by
2
Answer:
profit answer.........
Answered by
6
Given:
Some mangoes are purchased at 8 mangoes/rs
Some mangoes are purchased at 6 mangoes/rs
Total investment for both is the same
They are sold at 3.5 mangoes/rs
To Find:
The percentage profit/loss
Solution:
Find the number of mangoes bought with Rs 2:
Total mangoes bought at 8 mangoes/rs = 8
Total mangoes bought at 6 mangoes/rs = 6
Total mangoes = 8 + 6
Total manages = 14
Find the average cost of a mango:
14 mangoes = Rs 2
1 mango = 2 ÷ 14
1 mango = Rs 1/7
Find the selling price of a mango:
3.5 mangoes = Rs 1
1 mango = 1 ÷ 3.5
1 mango = Rs 2/7
Find the profit:
Profit = 2/7 - 1/7
Profit = Rs 1/7
Find the profit percentage:
Profit percentage = (1/7 ÷ 1/7) x 100
Profit percentage = 100%
Answer: The profit percentage is 100%
Similar questions