I bought 1 kg newspaper for Rs 5, but sold it for Rs 6. How much money did I earn by selling 152 kg of newspaper? ________
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Solution
Cost of 1 kg newspaper = Rs 5
Selling price of 1 kg newspaper = Rs 6
Profit on selling 1 kg newspaper = Rs (6 − 5)
= Re 1
Profit on selling 152 kg newspaper = Re 1 × 152
= Rs 152
I earned Rs 152 on selling 152 kg of newspaper.