If restaurant makes a profit of 5 % on the selling price of each item and is ope

Question

If restaurant makes a profit of 5 % on the selling price of each item and is open 25 days in the month of August, what is the approximate profit amount in August?

Options:

A . Rs. 5000

B . Rs. 8000

C . Rs. 6000

D . Rs. 7500

Answer: Option D
:
D
Total collection for a day
Rs. [(1676 + 791 + 312 + 369 + 1594 + 1225)] = Rs. 5967
Profit for a day = Rs.

(5967 \times 5 100)

= Rs. 298.35
Profit for a month = Rs. [298.35

\times

25]
= Rs 7458.75
= Rs. 7500 (approx)

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