Multiple choice

In the Diwali sale, Dinesh expects a profit of 35% on the cost price of his fruits. What will be his profit, if he sells the fruits worth Rs.4050 in a week?

  1. Rs.1050

  2. Rs.2050

  3. Rs.3000

  4. Rs.2800

  5. None of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Profit = 35% of Cost Price. Selling Price = Cost Price + Profit = 1.35 * Cost Price. 4050 = 1.35 * CP. CP = 4050 / 1.35 = 3000. Profit = 4050 - 3000 = 1050.

AI explanation

Let the cost price of the fruits be Rs. 100, making the expected profit Rs. 35 for a selling price of Rs. 135. Since the actual selling price is Rs. 4050, the profit value scales up by a factor of 4050 / 135, which is 30. Multiplying the base profit of Rs. 35 by 30 gives the actual profit of Rs. 1050.

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