A seller sold 19 cookies for ₹95 instead of 20 cookies in one kg, cheating a customer. What is the gain (in ₹) if the seller bought the cookies for ₹76?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 22.8.
The selling price of each cookie = 95/19 = ₹5
The actual cost price of each cookie = 76/20 = ₹3.8
Profit on selling one cookie = 5 - 3.8 = ₹1.2
Total gain by selling 19 cookies = ₹1.2 × 19 = ₹22.8