9. A man purchased 250 articles at 8 each and marked each article at * 12. He was
able to sell only 200 articles at 15% discount and the remaining articles were
damaged. Calculate his profit or loss and express it as percent.
Answers
Answered by
7
Answer:
250 articles at 8 each and marked each article at *
Answered by
9
ANSWER:
= 2%
step by step explanation :
CP = 250 × 8 = 2000
SP = 200 ×( 12- 15 / 100 × 12) = 200 × ( 12 - 9/5 ) = 2040
As Sp > Cp , profit is made
profit = Sp - CP =2040 - 2000 = 40
profit % = profit / cp × 100 = 40 / 2000 × 100 = 2%
Ans : 2%
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