Ravi bought some mangoes for ₹60 per kg. From which deal can he earn some profit?
Deal
Total money received
Quantity
A
₹200
5 kg
B
₹300
5 kg
A
Deal A
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B
Deal B
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C
Both of the above
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D
None of the above
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Solution
The correct option is D None of the above To earn some profit cost should be less than the selling price.
Cost = ₹60 per kg
Deal A =
₹200 for 5 kg so selling price of 1 kg
= ₹200 ÷ 5
= ₹40
This deal will not give any profit because ₹40 is less than ₹60
Similarly Deal B =
₹300 for 5 kg so selling price of 1 kg
= ₹300 ÷ 5
= ₹60
This deal will also not give any profit because the cost and selling price are the same so Ravi got no profit no loss.