A businessman purchased of pulse at and sold each kg at the rate of . What is his percentage of profit or loss at this?
- A20% loss
- B20% profit
- C25% profit
- D25% loss
Solution & Step-by-step Explanation
Given:
Total weight of pulse purchased =
Total Cost Price () =
Calculate the cost price per kg:
Selling Price () per kg =
Since , it is a profit:
Calculate the profit percentage:
Therefore, the businessman makes a profit.
Total weight of pulse purchased =
Total Cost Price () =
Calculate the cost price per kg:
Selling Price () per kg =
Since , it is a profit:
Calculate the profit percentage:
Therefore, the businessman makes a profit.