Question
6 mangoes are bought for Rs 24 and 3 mangoes are sold
for Rs 18. Find the percentage profit or loss.ÂSolution
â‚ą24 for 6 mangoes → Cost Price (C.P.) of 1 mango = â‚ą24 Ă· 6 = â‚ą4 â‚ą18 for 3 mangoes → Selling Price (S.P.) of 1 mango = â‚ą18 Ă· 3 = â‚ą6 Now, Profit = S.P. - C.P. = â‚ą6 - â‚ą4 = â‚ą2 Profit % = 2/4 x 100 = 50%Â
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