Question

3 Azad bought toys worth 75,000 for his toy shop. He spent some money on transportation, rent for his
shop, and the salary for the salesman. If he made a profit of 10% on his real expenses (cost + overhead
expenses), which were * 9000, calculate his overhead expenses.​

Answer 1

Answer:

Cost price of toys = Rs. 75000

Let 'x' be the overhead expense.

Then,

Real expense = Cost + Overhead expense

Real expense = Rs. (75000 + x)

We have to find the value of 'x' .

According to the condition given in the question,

10 % (Real expense) = 9000

10 % (75000 + x) = 9000

10/100 (75000 + x) = 9000

1/10 (75000 + x) = 9000

75000 + x = 9000 x 10

75000 + x = 90000

x = 90000 - 75000

x = 15000

which shows that the overhead expense is Rs. 15000