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kantabai bought 25 saree from a wholesale merchant for rs 10000 and sold them all at rs 460 each. how much profit did kantabai get in this transaction?

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From a wholesaler, Santosh bought 400 eggs for Rs 1500 and spent Rs 300 on transport. 50 eggs fell down and broke. He sold the rest at Rs 5 each. Did he make a profit or a loss? How much?

Click here👆to get an answer to your question ✍️ Kantabai bought 25 saris from a wholesale merchant for \( ¥ 10000 \) and sold them all at \( ¥ 460 \) each. How much profit did Kantabai get in this transaction?

Question

Kantabai bought 25 saris from a wholesale merchant for \( ¥ 10000 \) and sold them all at \( ¥ 460 \) each. How much profit did Kantabai get in this transaction?

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Kantabai Bought 25 Saris from a Wholesale Merchant for Rs 10000 and Sold Them All at Rs 460 Each. How Much Profit Did Kantabai Get in this Transaction?

Kantabai Bought 25 Saris from a Wholesale Merchant for Rs 10000 and Sold Them All at Rs 460 Each. How Much Profit Did Kantabai Get in this Transaction?

Kantabai bought 25 saris from a wholesale merchant for Rs 10000 and sold them all at Rs 460 each. How much profit did Kantabai get in this transaction?

SOLUTION

Cost price of 25 saris = Rs 10000

Selling price of 1 sari = Rs 460

∴ Selling price of 25 saris = 25 × 460 = Rs 11500

Since selling price is more than cost price, so there is a profit.

Profit = Selling price − Cost price

= 11500 − 10000 = Rs 1500

Hence, Kantabai made a profit of Rs 1500 in this transaction.

Concept: Concepts of Cost Price, Selling Price, Total Cost Price, and Profit and Loss, Discount, Overhead Expenses and GST

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Chapter 13: Profit – Loss - Practice Set 31 [Page 67]

Q 7 Q 6 Q 1

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Balbharati Mathematics 6th Standard Maharashtra State Board

Chapter 13 Profit – Loss

Practice Set 31 | Q 7 | Page 67

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Concepts of Cost Price, Selling Price, Total Cost Price, and Profit and Loss, Discount, Overhead Expenses and GST

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Kantabai bought 25 saris from a wholesale merchant for ₹ 10,000 and sold them all at ₹ 460 each. How much profit did Kantabai get in this transaction ?

Kantabai got a profit of ₹ 1500.Kantabai bought 25 saris from a wholesale merchant for ₹ 10,000 and sold them all at ₹ 460 each. How much profit did Kantabai get in this transaction ?

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Kantabai bought 25 saris from a wholesale merchant for ₹ 10,000 and sold them all at ₹ 460 each. How much profit did Kantabai get in this transaction ?

Updated On: 27-06-2022

Text Solution Solution

Kantabai got a profit of ₹ 1500.

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