Question

A cycle trader buys 300 cycles at the rate of 1500 cycles, he spends 75% on water at the rate of 20% on water and 7500 on advertisements, he sends all the cycles at the rate of 1700 cycles, then what will be the profit and loss question?​

Answer 1

Answer:

Required Answer :

Cost of bicycle is 1500

Cost of 300 bicycle is

$\sf \red{1500 \times 300}$

$\sf \red{ = 450000}$

Transportation cost of per bicycle is Rs. 75

Cost of transportation is

$\sf \red{75 \times 300}$

$\sf \red{ = 22500}$

$\sf \pink{(cost \: price + transportation \: charges + advertsing \: charges)}$

$\sf \red{450000 + 22500 + 7500 = 480000 \div 300}$

$\sf \red{ = 1600}$

Profit = sales price - cost price

$\sf \red{ = 1700 \div 1600 \times 100}$

$\sf \red{ = 16 .25\%}$

Hence ,

Then profit will be = 16.25%