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A man bought some fruits at the rate of 16 for Rs. 24 and sold them at the rate of 8 for Rs. 18. What is the profit per cent?
Wiki User
∙ 10y ago
cp of 16 fruits =rs.24/-
so each fruit costs = 24 /16= 1.5/- per fruit
sp of 8 fruits= rs.18/-
so each fruit costs 18/8= 2.25/- per fruit
profit= sp-cp
=2.25-1.5
=0.75
25%
profit percentage is= 0.75 / 1.5 * 100 = 50 %
Wiki User
∙ 10y ago
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