Rambabu sells paper planes at the rate of 20 planes for Rs.1.If he gets profit of 20%,how many planes did he buy in 1 rupee?16402436

Question

Rambabu sells paper planes at the rate of 20 planes for Rs.1.If he gets profit of 20%,how many planes did he buy in 1 rupee?16402436
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Solution 1

To find out how many planes Rambabu bought for 1 rupee, we first need to find out the cost price of each plane.

Given that he sells 20 planes for Rs.1, the selling price of each plane is 1/20 = Rs.0.05.

We also know that he makes a profit of 20%. This means that the selling price is 120% of the c Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
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