Practicing Success
Ravi buys salt at ₹16 per kg and sells it at ₹18 per kg. He also uses the weight of 900 gm instead of 1000 gm. What is Ravi’s actual profit percentage?900 |
23% 20% $23\frac{11}{18}$% 25% |
25% |
Cost Selling Quantity 900 1000 Price 16 18 ——————————————— 144 180 Profit = 180 - 144 = 36 Profit% = \(\frac{36 × 100}{144}\) = 25% |