Sumit purchased 20 dozens of bats at the rate of Rs. 450 per dozen. He sold each one of them at the rate of Rs. 40. What was his percentage profit

Question

Sumit purchased 20 dozens of bats at the rate of Rs. 450 per dozen. He sold each one of them at the rate of Rs. 40. What was his percentage profit
🧐 Not the exact question you are looking for?Go ask a question

Solution 1

Sure, let's break it down:

  1. First, we need to find out the total cost of the bats. Sumit bought 20 dozens of bats at Rs. 450 per dozen. So, the total cost is 20 dozens * Rs. 450/dozen = Rs. 9000.

  2. Next, we need to find out how much Sumit earned from selling the bats. He sold each bat at Rs. 40 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.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

This problem has been solved

Similar Questions

Sumit purchased 20 dozens of bats at the rate of Rs. 450 per dozen. He sold each one of them at the rate of Rs. 40. What was his percentage profit

100 oranges are bought for Rs.350/- and sold at the rate of Rs.48 per dozen. The percentage profit or loss is?

Anil Purchased 50kg vegetable at Rs.450, then sold them at the rate of Rs.7 per kg, find the profit %?20%21%22%22.22%

Find the percentage gain or loss when the dot pens bought for Rs. 96 per dozen were sold atthe rate of 10 for Rs. 90?

If Harsh sold a match ticket for Rs.340 at a profit of 25%,at what price did he purchased the ticket?280255300272

1/3