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Question
Nathan paid ₹ 800 and bought 10 bottles of honey from a village vendor. He sold them in a city for ₹ 100 per bottle. Find his profit or loss
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Solution
C.P. of 10 bottles of honey = ₹ 800
C.P. of 1 bottle honey = 800/10 = ₹ 80
S.P. of a bottle honey = ₹ 100
Here S.P. > C.P.
Profit per bottle = ₹ 100 – ₹ 80 = ₹ 20
Profit for 10 bottles = 20 × 10 = ₹ 200
Profit = ₹ 200
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