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If a man purchase 12 mangoes for Rs 10 and sells 10 Mangoes for Rs 12. How much profit or loss does he make?Options40% loss44% loss44% profit40 % profit

Question

If a man purchase 12 mangoes for Rs 10 and sells 10 Mangoes for Rs 12. How much profit or loss does he make?Options40% loss44% loss44% profit40 % profit
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Solution 1

First, let's calculate the cost price per mango and the selling price per mango.

Cost price of 12 mangoes = Rs 10 So, cost price of 1 mango = Rs 10 / 12 = Rs 0.833

Selling price of 10 mangoes = Rs 12 So, selling price of 1 mango = Rs 12 / 10 = Rs 1.2

Now, let's calculate the profit per mango.

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