A person bought one kilogram of apples for Rs. 60 and sold for Rs. 90. The percentage of profit of cost price he earned is?
Answer: 50%
Explanation
Cost Price (CP) = Rs. 60
Selling Price (SP) = Rs. 90
Profit = SP - CP = Rs. 90 - Rs. 60 = Rs. 30
Profit percentage = (Profit / CP) * 100
= (30 / 60) * 100
= 50%
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