A fruit seller purchased 20 kg of apples at ₹ 50 per kg. Out of these, 5% of the apples were found to be rotten. If he sells the remaining apples at ₹ 60 per kg, then his _________is _________%.
A fruit seller purchased 20 kg of apples at ₹ 50 per kg. Out of these, 5% of the apples were found to be rotten. If he sells the remaining apples at ₹ 60 per kg, then his profit is 14 %.
From the question it is given that, A fruit seller purchased 20 kg of apples at ₹ 50 per kg
In that 20 kg of apples 5% were rotten, so good apples = 20 – 5% of 20kg
= 20 – (5/100) × 20
= 20 – (100/100)
= 20 – 1
= 19 kg
So, 19 kg apples were sold at ₹ 60 per kg
Then, total Selling price of apples = 19 × 60
= ₹ 1140
Given cost price of 20 kg of apples = 20 × 50
= ₹ 1000
SP is more than CP so, Profit = SP – CP
= 1140 – 1000
= ₹ 140
We know that, Profit percentage = (Profit/CP) × 100
= (140/1000) × 100
= 14%
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