1.

A man purchases 12 apples for Rs. 8 and sells 8 apples for Rs.12. How much profit does he make?

Answer»

125 %



The COST PRICE of 1 APPLE = Rs. 8/12

The Selling Price of 1 apple = 12/8

PROFIT in 1 apple = 12/8 – 8/12 = 5/6

Per cent profit = 5/6 ÷ 8/12 × 100 = 125%



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