Question

A fruit sekker buts 50 boxes of mangoes each containing 100 m mangoes at the rate of ₹1200 per box he sells each mangoes for ₹20 find his total profit and profit %

Answer 1

₹40000, 66.6%

Explanation:

Given data

Number of boxes= 50

Cost per box= ₹1200

Total cost= 50*1200= ₹60000

Total number of mangoes in all 50 boxes= 50*100= 5000 mangoes

Cost price per mago= 60000/5000= ₹12

Selling price per mango= ₹20

profit = selling price- cost price

profit= 20-12

proft= ₹8

Total profit = 8*5000

Total profit= ₹40000

%profit = 40000/60000*100

%profit= 0.666*100

%profit= 66.6%