Question

2) A Trader bought 3 tables for Rs. 800/- each
and sold them to 3 different customers for Rs.
950/-, Rs. 1,000/- and Rs. 750/- respectively.
Find his total profit / loss. Also find his
percentage profit / loss? (Ans: Rs. 300; 12.5%)​

Answer 1

Answer:

Obviously the trader make profit.

Soln:

C.P. of three tables=Rs. 3*800

                               =Rs 2400

The trader sold the tables to three different customers. So,

S.P. of the tables=Rs 950+Rs 1000+Rs 750

                          =Rs 2700

Hence he made profit.

Profit(P)= S.P.+C.P. =Rs 2700-Rs 2400

                              =Rs 300

Again,

Profit percent(P%)=Profit/C.P.*100%

                           =Rs 300/Rs 2400*100%

                            =12.5%

Therefore the total profit is Rs 300 and profit percentage is 12.5%.