Question
A shopkeeper purchases 22 dozen mangoes at a rate of Rs.
380 per dozen. He packages and sells them in boxes, each containing two dozen mangoes, for Rs. 960 per box. If he successfully sells all the mangoes, what is his total profit?Solution
Shopkeeper buys 22 dozen mangoes at Rs.380 per dozen Cost price = Rs.380 per dozen He sells all the mangoes purchased, wastage is zero Selling price = 960 for 2 dozen mangoes = Rs.480 per dozen Profit = {(480 – 380)/380} × 100 = 26.32%
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