Question

A man bought $80$ mangoes at $Rs.1$ each $10$ of them could not be sold as they got rotten. He sold the remaining at $Rs.1.50$ each. What was his profit or loss?

Answer 1

C.P$=80\times 1=80$ Rs.

But $10$got Rotten

$\therefore$ Remaining $=70$ mangoes

Rate of selling $=1.5$/piece

S.P$=1.5\times 70=105$Rs.

$=SP-CP=105-80=25$Rs.

Profit$=SP-CP$

$-105-80=25$Rs.