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Question
A fruit seller purchased 8 kg apples at price of ₹ 41 per kg. If he sells all the apples at price of ₹ 400, how much total profit did he made?
A fruit seller purchased 8 kg apples at price of ₹ 41 per kg. If he sells all the apples at price of ₹ 400, how much total profit did he made?
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Solution
The correct option is C ₹ 72
Amount received by selling the 8 kg apples
= ₹ 400
Amount spend on purchasing the one kg apples
= ₹ 41
Amount spend on purchasing the 8 kg apples
= ₹ 41 × 8
= ₹ 328
Profit
= Amount recieved - Amount spend
= ₹ 400 - ₹ 328
= ₹ 72
Amount received by selling the 8 kg apples
= ₹ 400
Amount spend on purchasing the one kg apples
= ₹ 41
Amount spend on purchasing the 8 kg apples
= ₹ 41 × 8
= ₹ 328
Profit
= Amount recieved - Amount spend
= ₹ 400 - ₹ 328
= ₹ 72
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