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23 votes
23 votes
19. If the cost price of 18 apples is the same as selling price of 16 apples, what is the profit in $

19. If the cost price of 18 apples is the same as selling price of 16 apples, what-example-1
User Vyrp
by
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1 Answer

17 votes
17 votes

profit = selling price - cost price

Let

the cost price for each apple = $1

The cost of 18 apple = $18

Remember the cost price of 18 apples is the same as the selling price of 16 apples. Therefore,

16 apples will cost $16 and selling 16 apples is same as the cost of 18 apple($18). This means the profit will be

profit = 18 - 16 = $2

User Abhishek Vyas
by
3.0k points