Please enter the following details
Free Daily Targets & Mocks
Study Material & Formulas PDFs
1 on 1 Mentorship
Question 81
A vendor buys apples at the rate of 21 for Rs 7 and sells at the rate of 5 for Rs 2. What will be the result?
Solution
The vendor buys 21 apples for Rs. 7
=> Cost price of 1 apple = $$\frac{7}{21}$$ = Rs 0.33
He sells 5 apples for Rs. 2
=> Selling price of 1 apple = $$\frac{2}{5}$$ =Â Rs 0.4
$$\because$$ Selling price is more than Cost price, the vendor earns a profit
=> Profit % = $$\frac{(0.4 - 0.33)}{0.33} \times 100$$
= $$0.67 \times 30 = 20\%$$
=> Ans - (B)
Create a FREE account and get:
- Free SSC Study Material - 18000 Questions
- 230+ SSC previous papers with solutions PDF
- 100+ SSC Online Tests for Free
