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Profit and Loss
A shopkeeper sells 18 mangoes for the purchase price of 20 mangoes. The percent profit made by the shopkeeper is.
a)10%
b)11.11%
c)9.09%
d)12%
Read Solution (Total 7)
-
- let c.p of 1 mango Re 1.
then c.p of 18 mangoes= Rs 18
c.p of 20 mangoes Rs 20 = s.p of 18 mangoes
profit= s.p of 18 mangoes - c.p of 18 mangoes
=20 - 18
= 2
profit %= 2/18*100
=11.11 ans - 13 years agoHelpfull: Yes(15) No(2)
- a)10% profit %= (profit/CP )*100=[(20-18)/20]*100=10%
- 13 years agoHelpfull: Yes(5) No(6)
- (20-18)/20 *100=10%
- 8 years agoHelpfull: Yes(1) No(2)
- 18s=20c
s=20/18c
s=10/9c
%profit=(s-c/c)*100
=(10/9c-c/c)*100
=11.11% - 6 years agoHelpfull: Yes(0) No(1)
- Assume 20*5=100
Then, 18*5=90
=100-90
=10% - 6 years agoHelpfull: Yes(0) No(1)
- 20S.P=18C.P
S.P=18
C.P=20
2/18X100
11.11% - 6 years agoHelpfull: Yes(0) No(0)
- Just Simple
Let cost of 20 mangoes be 100 rs (shop keeper brought)
Let cost of 18 mangoes be 100 ₹ (shop keeper sold)
When brought, cost of one mango is 5 ₹
When selling , cost of one mango is 5.555₹
The difference between selling price and cost price is 0.555₹
Thus profit percent is calculated by this
0.555/5 *100
11.111%~~11.11%
This its found - 4 years agoHelpfull: Yes(0) No(0)
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