Question
A shopkeeper buys 100 apples at ₹5 each. 10 apples get
spoiled. He sells the remaining apples at ₹6 each. What is his overall profit or loss percentage?Solution
ATQ, Total cost = 100 × 5 = ₹500 Total selling price = 90 × 6 = ₹540 Profit = 540 - 500 = ₹40 Profit percentage = (40 / 500) × 100 = 8%
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