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Dinesh purchases 10 dozens of apples at the rate of Rs. 180 per dozen. He sold each one of them at the rate of Rs. 19.5. What is the profit (in percentage) of Dinesh?
  • a)
    30
  • b)
    15
  • c)
    18
  • d)
    25
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Dinesh purchases 10 dozens of apples at the rate of Rs. 180 per dozen....
Total cost price = 10 × 180 = Rs. 1800
Total selling price = 10 × 12 × 19.5 = Rs. 2340
∴ Profit % = {(S.P - C.P)/C.P} × 100 = {(2340 - 1800)/1800) × 100 = 30%
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Most Upvoted Answer
Dinesh purchases 10 dozens of apples at the rate of Rs. 180 per dozen....
Calculation of Profit Percentage:

Cost Price of 1 dozen apples:
Cost of 1 dozen = Rs. 180
Cost price of 1 apple = 180 / 12 = Rs. 15

Selling Price of 1 apple:
Selling price of 1 apple = Rs. 19.5

Profit per apple:
Profit per apple = Selling price - Cost price
Profit per apple = 19.5 - 15 = Rs. 4.5

Profit for 1 dozen apples:
Profit for 1 dozen = Profit per apple * 12
Profit for 1 dozen = 4.5 * 12 = Rs. 54

Total Profit for 10 dozens:
Total profit = Profit for 1 dozen * 10
Total profit = 54 * 10 = Rs. 540

Profit Percentage:
Profit Percentage = (Total Profit / Total Cost Price) * 100
Total Cost Price = Cost price of 10 dozens = 180 * 10 = Rs. 1800
Profit Percentage = (540 / 1800) * 100 = 30%
Therefore, Dinesh made a profit of 30% on his purchase of 10 dozens of apples.
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Dinesh purchases 10 dozens of apples at the rate of Rs. 180 per dozen. He sold each one of them at the rate of Rs. 19.5. What is the profit (in percentage) of Dinesh?a)30b)15c)18d)25Correct answer is option 'A'. Can you explain this answer?
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