3.A shopkeeper purchased 100 bulbs for Rs.20 each,
however 10 bulbs were fused and had to be thrown
away. The remaining were sold at Rs.25 each. Find
profit or loss %
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Answered by
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Answer:
200 bulbs were bought at Rs 10 each
Cost price = 200 X 10 = Rs 2000
5 bulbs were thrown away.
No. of bulbs remaining = 200 - 5 = 195
195 bulbs were sold at Rs 12 each.
Selling price = 195 X 12 = Rs 2340
As the selling price is more than cost price, he get profit.
Profit = Selling price - cost price = 2340 - 2000 = Rs 340
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