) A dealer bought 17 fans for RS 460 each. He spent RS 40 as transportation chargeans RS 20 per fan on packing. He sells them at the rate of RS 550 per fan. Find his total gain or loss.
Answers
Answered by
5
Answer:
per fan profit is 30 rs
Step-by-step explanation:
total amount spent on each fan = 460 + 40 + 20 = 520 = CP
SP = 550
profit per fan is 30
Answered by
2
Answer:
The dealer had a loss of Rs. 510
Step-by-step explanation:
Total no. of fans = 17
Cost Price of 1 fan = Rs. 460
Transport charge = Rs. 40
Packing charges = Rs. 20
Therefore, total Cost Price of 1 fan = 460 + 40 + 20 = Rs. 520
Therefore, total cost price = 520 * 17 = Rs. 8840
Selling Price of 1 fan = Rs. 550
Therefore, total selling price = 550 * 17 = Rs. 9350
As Selling price > Cost price
=> The dealer had a loss
=> Loss = Selling Price - Cost Price
= 9350 - 8840
= 510
Therefore, the dealer had a loss of Rs. 510
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