1. A man sold 40 kg fruits at the rate of Rs.60 per kg and gained Rs 600. Calculate 1.his purchasing rate 2.profit%
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1. A man sold 40 kg fruits at the rate of Rs.60 per kg and gained Rs 600. Calculate 1.his purchasing rate 2.profit%
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SP of 1 kg fruits = ₹60
SP of 40 kg fruits = ₹60 × 40 = ₹2400
Profit = ₹600
CP of fruits = ₹2400 - ₹600 = ₹1800
Profit% = Profit / CP × 100
Profit% = 600/1800 × 100
Profit% = 1/3 × 100 = 100/3%
Profit% = 33 1/3%