A crockry dealer bought 60 dozen cups.he found that 20 cups were broken in transit.he sold the remainig at 12 rs. each.h ow much money did he earn by doing so? if he had spent 8000 rs. to buy the cups,did he make a profit?
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Answer:
He earns ₹8400. Yes, he makes a profit of ₹400.
Step-by-step explanation:
No. of cups bought = 60× 12 = 720
No. of cups bought in good condition = 720-20= 700
Selling Price of Cups = 700×12=₹8400
Cost Price of Cups = ₹8000
Profit(SP>CP) = ₹8000-₹8400=₹400
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hope it helps you..
8400
profit of 400...
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