Practicing Success
Vinay purchased two bottles for a total of ₹100, and he sells these two bottles at the rate of ₹100 per bottle. What is the overall profit percentage that Vinay had on selling the two bottles? |
50% 100% 200% 80% |
100% |
Vinay purchased two bottles for a total of 100. Total cost price of two bottles = 100 he sells these two bottles at the rate of 100 per bottle. Total selling price of two bottles = 100 × 2 = 200 Overall profit percentage that Vinay had on selling the two bottles = = \(\frac{200 - 100}{100}\) × 100 = 100% |