If a shopkeeper bought 10 kg of apples for ₹100. Out of 10 kg of apples 2 kg apples are rotten. He sold the remaining apples at the rate of ₹15 per kg. How much is the profit gained by him?
A
₹15
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B
₹20
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C
25
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D
₹10
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Solution
The correct option is B
₹20
Buying price of apples = ₹100
Total weight of apples = 10 kg
Weight of rotten apples = 2 kg
Weight of remaining apples = 10 kg - 2 kg = 8 kg
Money received after selling 1 kg of apples = ₹15
Total money receievd after selling 8 kg of apples= ₹15 ×8= ₹120
Profit made = ₹120 - ₹100 = ₹20