Question

Suppose a shopkeeper has bought 1 kg of apples for 100 rs. And sold it for Rs. 120 per kg. How much is the profit gained by him?

Answer 1

Answer:

Rs. 20/-

Step-by-step explanation:

Solution:

• Cost Price for apples is 100 rs.
• Selling Price for apples is 120 rs.

Then profit gained by shopkeeper is ; P = SP – CP

P = 120 – 100 = Rs. 20/-

Answer 2

Answer:

Rs. 20

Step-by-step explanation:

As per the data given in the question, we have to find the gained profit.

Given that:-

For apples

The Cost Price is Rs. $100$

The Selling Price is Rs. $120$ per kg.

To find:- Profit gained (P)

As we know that,

The profit made by the shopkeeper,

=> $P = SP -CP$

=> $P= 120-100$

=> $P=Rs.20$

Hence, the profit gained by the shopkeeper is Rs. $20$