1.

Pramod bought 100 bunches of methi greens for Rs 400. In a sudden downpour, 30 of the bunches on his handcart got spoil. He sold the rest at the rate of Rs 5 each. Did he make a profit or a loss? How much?

Answer»

Cost price of 100 bunches of methi green = Rs 400 Since, 30 bunches got spoil, 

∴ Remaining bunches of methi green = 100 – 30 = 70

Selling price of 1 bunch of methi green = Rs 5 

∴ Selling price of 70 bunches of methi green = 5 x 70 = Rs 350

Cost price is greater than selling price 

∴ Pramod suffered a loss. Loss = Cost price – Selling price 

= 400 – 350 

= Rs 50 

∴ Pramod suffered a loss of Rs 50.



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