A book seller bought 400 comics for Rs 1,500. He sold 300 of them at Rs 4.50 each and the rest at Rs 4.00 each. Find his profit per cent.
Answers
Answer:
16.67%.
Step-by-step explanation:
cost of 400 comics = 1500
then cost of 1 comic = 1500/400 = 3.75 rupees.
cost of 300 comics sold at 4.50 rupees each = 300*4.50 = 1350 rupees.
cost of 100 comics sold at 4.00 rupees each = 100*4 = 400 rupees.
total selling price = 1350 + 400 = 1750 rupees.
total = selling price - = 1750 - 1500 = 250 rupees.
profit percent = profit *100/cost price = 250*100/1500
= 25000/1500 = 16.67%.
Answer:
16.67%
Step-by-step explanation:
Data:
C.P (Cost Price)= Rs. 1,500
S.P (Selling Price) of 300 comic books sold at 4.50 each= 300 x 4.50= 1,350
S.P (Selling Price) of 100 comic books sold at 4.00 each= 100 x 4= 400
Total S.P= 1350+400= 1750
Profit=?
Profit%=?
Solution:
Profit= SP-CP
= 1750-1500
= 250
Profit%= (P/CP x 100)%
= (250/1500 x 100)% multiply numerator with 100
= (25,000/1500)% cancel zeros
= 250/15 simplify by 5
= 50/3 divide (Ans will come in decimal)
= 16.67% Ans
Statement:
The bookseller would have a gain of 16.67%