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.

Answer 1

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