Answer:
unit GST prise =6/7
unit Selling price = 7/6
PROFIT = 7/6-6/7 =13/42
= 30.96%
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Let's assume that Shanti bought 7 lemons for Rs. 26.
The cost price of each lemon = 26/7
Shanti sold 6 lemons for Rs. 77.
The selling price of each lemon = 77/6
Profit on 6 lemons = Selling price of 6 lemons - Cost price of 7 lemons
Profit on 6 lemons = (77/6) - (26/7)
Profit on 6 lemons = 71/42
We know that profit percentage is given by:
Profit percentage = (Profit/Cost price) * 100
Substituting the values, we get:
Profit percentage = [(71/42)/(26/7)] * 100
Profit percentage = 150%
Therefore, Shanti's profit percentage is 150%. This means that she made a profit of 150% on her investment.
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Answer:
unit GST prise =6/7
unit Selling price = 7/6
PROFIT = 7/6-6/7 =13/42
= 30.96%
Answer:
mark me as brainlist
Let's assume that Shanti bought 7 lemons for Rs. 26.
The cost price of each lemon = 26/7
Shanti sold 6 lemons for Rs. 77.
The selling price of each lemon = 77/6
Profit on 6 lemons = Selling price of 6 lemons - Cost price of 7 lemons
Profit on 6 lemons = (77/6) - (26/7)
Profit on 6 lemons = 71/42
We know that profit percentage is given by:
Profit percentage = (Profit/Cost price) * 100
Substituting the values, we get:
Profit percentage = [(71/42)/(26/7)] * 100
Profit percentage = 150%
Therefore, Shanti's profit percentage is 150%. This means that she made a profit of 150% on her investment.