Question

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

Answer 1

Answer:

Step-by-step explanation:

CP of shoes = Rs. 800

Overhead charges = Rs. 20

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

= 800+20 = Rs. 820

2.) SP = CP + Profit

Sp = 820 + 80

Sp = Rs. 900

3.) Profit % = Profit / Cp × 100

P% = 80/800 × 100

P% = 10%