A fruit seller sold apples for and made a profit of . How much did he spend on buying apples?
- A
- B
- C
- D
Solution & Step-by-step Explanation
Let the cost price of apples be .
Given parameters:
* Selling price () of apples =
* Profit Percentage () =
Using the profit relation formula:
Solve for :
Therefore, he spent on buying the apples.
Given parameters:
* Selling price () of apples =
* Profit Percentage () =
Using the profit relation formula:
Solve for :
Therefore, he spent on buying the apples.