Practicing Success
30 dozens of nuts were bought for ₹14400. If the nuts are sold in a packet of 5 for ₹250, then how much profit is earned? |
₹3200 ₹3600 ₹4000 ₹1440 |
₹3600 |
30 dozens of nuts were bought for ₹14400 cost price of 1 nut = \(\frac{14400}{12 × 30}\) = 40 Selling price of 5 nut = 250 SP of one = 50 so profit = 50 - 40 = 10 on one nut. Profit on 30 dozen nut = 10 × 30 × 12 = 3600 |