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Coconuts were purchased at Rs. 150 per hundred and sold at Rs. 2 per coconut. If 2000 coconuts were sold. What was the total profit made?

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Coconuts were purchased at Rs. 150 per hundred and sold at Rs. 2 per coconut. If 2000 coconuts were sold. What was the total profit made?
  • ARs. 500
  • BRs. 1000
  • CRs. 1500
  • DRs. 2000
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Discussion 1

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CCommunity
CP of 100 coconuts = Rs 150

∴ CP of 2000 coconuts = Rs 150 × 2000/100

= Rs 3000

? SP of 1 coconut = Rs 2

∴ SP of 2000 coconuts = Rs 2 × 2000

= Rs 4000

⇒ Profit = SP – CP

= 4000 – 3000

= Rs 1000