What is the loss or profit when a boy bought 3 mangoes for rs 5 and sold them at 2 mangoes for rs 4
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Step-by-step explanation:
3 mangoes for 5 rupees.
cost of each mango is 5/3 rupees.
sold 2 mangoes for 4 rupees.
cost of each mango is 2 rupees.
sold three mangoes for 6 rupees.
bought three mangoes for 5 rupees.
profit =6-5 =1 rupee.
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Answered by
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Answer:
Step-by-step explanation:
COST PRICE
No of mangoes=3
Cost=Rs5
Cost of 1 mango=cost/quantity
Therefore, CP = 5/3 Rs
SELLING PRICE
No of mangoes=2
Cost=Rs4
Cost of 1 mango=cost/quantity
Therefore, SP = 4/2 Rs
= 2 rs
CP=5/3
SP=2
SP>CP
Therefore Profit
Profit= SP-CP
=2-5/3
=(6-5)/3
=1/3 Rs
OR = 0.3333 Rs
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