Question

1. A shopkeeper purchased a pair of shoes for 3 800 and spent 20 on its box. He sold
it at a profit of 80. Find-
(1) Actual C.P. of shoes
(ii) S.P. of shoes
(iii) Profit or Loss %​

Answer 1

Step-by-step explanation:

Given that , CP of shoes = Rs. 3800

Overhead charges = Rs. 20

1.) Actual CP ( total cost ) = CP + Overhead charges

= 3800+20 = Rs. 3820

2.) SP = CP + Profit

Sp = 3820 + 80

Sp = Rs. 3900

3.) Profit % = Profit / Cp × 100

P% = 80/3800 × 100

P% = 2.10%

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