Question

1. Kamal bought paper sheets for 7200 and spent 200 on transport. Paying 600, he had 330 boxes
made, which he sold at 28 each. Find his total profit and profit %.

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Answer 1

Answer:

Total cost = 7200+200

= 7400

Cost price (C.P) of paper sheets = Rs.7200

Spent on transport = ₹ 200

Total C.P of paper sheets= C.P of paper sheets + overhead expenses

Total C.P of paper sheets = 7200 +200= ₹ 7400

Amount paid for making boxes=₹ 600

Total C.P of making 330 boxes = 7400 +600= ₹ 8000

Total C.P of making 330 boxes = ₹ 8000

Selling price(S.P) of each box = ₹ 28

selling price (S.P)of 330 boxes = 330 × 28 = ₹9240

Profit = S.P - C.P

Profit = 9240 - 8000 = ₹ 1240

Profit percentage(P %) = (1240 / 8000) x 100 %

= 124/8

Profit %= 15.5%

Step-by-step explanation:

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