Activity › Discussion › Math › Profit, loss and discount › Reply To: Profit, loss and discount
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Total products= 100
C.P(cost price) For each product =10rs
Total C.P= total products× price of each product
100×10
C.P = 1000Rs
Now,
S.P for 80 products × 80×15 =1200 Rs
S.P of 20 remaining product= 20×20 =400 Rs
Total S.P = 1200+400
=1600Rs
S.P > C.P
So it is a profit
Profit= S.P – C.P
= 1600-1000
=600
Profit %= profit/C.P ×100
600/1000 ×100
=0.6×100
=60%
Total profit= 60%