a dealer bought 8toys for 120rs each and sold them for rs 124 how much profit did he make
Answers
Answer:
32
Step-by-step explanation:
first step u multiply 8× 120 = 960
second step u multiply 8×124= 992
then minus u have bought 8toys in960and then sell them in rs 992 . 992 - 960 =32 answer he purchase in 960 and sell in 992 profit is 32
Answer:
Rs. 32
Step-by-step explanation:
Given :- Cost Price of each toy = Rs. 120
Selling Price of each toy = Rs. 124.
To find :- Profit earned by dealer on the toys.
Solution :-
Number of toys = 8
Cost price of each toy = Rs. 120
Therefore, total cost price = 120 × 8
= Rs. 960
Selling price for each toy = Rs. 124
Therefore, total selling price = 124 × 8
= Rs. 992
It is known that Profit = Selling Price - Cost Price
Now substituting values in the above formula,
Profit = 992 - 960
= Rs. 32
Therefore, the dealer earned a profit of Rs. 32 on toys.
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