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Q-A hawker purchase some
mangoes at the rate of 9
mangoes for 5rs and sells them at 8rs per dozen. what will be his profit or loss percentage.

Answer :

Answer:

His mangoes buying rate is 5/9=0.56₹/mango , But his mango selling rate is 8/12= 0.66₹/mango , So he gain profit of 17% [=1/0.56×100].

Step-by-step explanation:

CP of 9 mangoes = 5₹

Cp of 12 mangoes = 5×12/9

Sp of 12 mangoes =8₹

profit = [SP-CP/CP ]×100

(24-20/20)×100 =20%profit

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