Given:
Cost price of 5 kg of apples = 875
Selling price per kg of apples = 220
Total quantity = 5 kg
Formula Used:
Profit = Total Selling Price − Total Cost Price
Where:
Total Selling Price = Selling price per kg × Quantity sold
Total Cost Price = Cost price for 5 kg
Solution:
Total Selling Price = 220 × 5 = 1100
Profit = 1100 - 875 = 225
Thus, the profit gained by Rajesh is 225.
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60 Mins English English25 Questions50 Marks15 Mins English English100 Questions200 Marks60 Mins EnglishBy selling an article for ₹21, a dealer makes a profit of 20%. By how much should he increase his selling price (in ₹) so as to make a profit of 50%?
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An article was sold at ₹600, making a profit of 20%. The cost price of the article was
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