A man buys 1 banana for ₹2 and sells it for ₹3. He repeats this 100 times. Profit = ?
₹100
Profit on one banana = Selling price − Cost price = \(₹3 - ₹2 = ₹1\).
Each time he buys and sells one banana he gains ₹1, and he does this 100 times.
Total profit = \(₹1 \times 100 = ₹100\).
Hence, the profit is ₹100.
By selling an article for Rs. 2,200, a profit of 10% is earned. If the same article is sold for Rs. 2,600, then what will be the gain percentage?
By selling an article for Rs. 640, a person loses 15% of its selling price. At what price (in Rs.) should he sell it to gain 15% on its cost price?
The selling prices of articles A and B are the same. A is sold at a profit of 28 percent and B is sold at a loss of 24 percent. If the total selling price of the both articles is Rs. 48640, then what is the cost price of A and B, respectively ?
The cost price of an article is Rs. 2800. Profit as a percentage of selling price is 20 percent. What is the actual profit (in Rs.) ?
A trader bought 640 kg of rice. He sold a part of rice at 20% profit and the rest at 5% loss. He earned a profit of 15% in the entire transaction. What is the quantity (in kg) of rice that he sold at 5% loss?