A fruit seller purchased 20 kg of apples at ₹50 per kg. Out of these, 5% of the apples were found to be rotten. If he sells the remaining apples at ₹60 per kg, then his _________is _________%. Fill in the blanks to make the statement true.
Solution:
A fruit seller purchased 20 kg of apples at ₹50 per kg. Out of these, 5% of the apples were found to be rotten. If he sells the remaining apples at ₹60 per kg, then his _________is _________%.
We have to fill in the blanks to make the statement true.
According to the question,
CP of 1kg apples = ₹50
CP of 20 kg apples = 50 × 20 = ₹1000
5% of 20 kg = (5/100) × 20
= (1/20) × 20
= 1 kg
Remaining apples = 20 - 1 = 19 kg
SP of 19 kg apples = 60 × 19 = ₹1140
Since CP < SP, it is profit
We know, Profit = SP - CP
= 1140 - 1000
Profit = ₹140
We know, profit% = Profit/CP × 100
= 140/1000 × 100
= 140/10
= 14%
Therefore, the profit is 14%
✦ Try This: A vendor purchased 10 kg of oranges at ₹60 per kg. Out of these, 10% of the oranges were found to be rotten. If he sells the remaining oranges at ₹80 per kg, then his _________is _________%. Fill in the blanks to make the statement true.
☛ Also Check: NCERT Solutions for Class 7 Maths Chapter 8
NCERT Exemplar Class 7 Maths Chapter 7 Problem 46
A fruit seller purchased 20 kg of apples at ₹50 per kg. Out of these, 5% of the apples were found to be rotten. If he sells the remaining apples at ₹60 per kg, then his _________is _________%. Fill in the blanks to make the statement true
Summary:
A fruit seller purchased 20 kg of apples at ₹50 per kg. Out of these, 5% of the apples were found to be rotten. If he sells the remaining apples at ₹60 per kg, then his profit is 14%
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