Question

Kishore bought a basket containing 30 orangs for rs 310. If he sells the orangs at rs 12 each , what Would be it's profit or loss?
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Answer 1

Given : Kishore bought a basket containing 30 oranges for rs 310. If he sells the oranges at rs 12 each , what Would be it's profit or loss?

Solution :

Cost price of oranges = rs.310

As we know that each oranges cost rs.12

So, selling price of oranges is 30 × 12 = rs.360

Now, finding profit or loss

Profit = Selling Price - Cost Price

Profit = rs.360 - rs.310

Profit = rs.50

• So, the profit is ₹50