Question

Statement sums
Raju bought 20 litre milk for Rs. 200 and sold it for Rs. 12 per litre. What was his profit or loss?

Answer 1

Hello Mate!

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Raju bought 20 litres of milk for  = ₹200

And sold for ₹12 per litre

So, his profit is = 12 x 20 = ₹240  

Final Profit = C.P - S.P = ₹240 - ₹200 = ₹40

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