Question

15. Meera purchased 250 pencil boxes at the rate 8 per pencil box. She sold 70% of the pencil boxes at the
rate of 11 per pencil box and remaining pencil boxes at the rate of 9 per box. Find her profit per cent.​

Answer 1

Answer:

Profit% = 30%

Step-by-step explanation:

Sales

for 70% sales

250 x 70% = 175

= 175 pencil boxes x 11 per pencil

= 1,925

for remaining sales

250 - 175 = 75

= 75 pencil boxes x 9 per pencil

= 675

Total Sales = 1,925 + 675 = 2,600

Total Cost = (250x8) = 2,000

First we have to calculate Profit

Profit = Sales - Cost

Profit = 2,600 - 2,000

Profit = 600

Now we calculate Profit %

Profit% = 600 / 2000 x 100 %

Profit% = 30%