A DEALER PURCHASED 250 BULBS FOR RS.10 EACH. HOWEVER, 12 BULBS GOT FUSED WHICH HE HAD TO THROW AWAY. HE SOLD THE REMAINING BULBS AT RS.12 EACH. FIND THE GAIN OR LOST PERCENT IN THE DEALING.
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dealer bought 250 bulbs for 10 rupees each.
C.P-RS 2,500
12 bulbs got fused and throw away
250-12=238 bulbs
C.P=2,380
he sold remaining bulbs at RS 12 each
S.P=RS 2,856
IT IS GAIN
GAIN=S.P-C.P
2,856-2,380
=RS 476
C.P-RS 2,500
12 bulbs got fused and throw away
250-12=238 bulbs
C.P=2,380
he sold remaining bulbs at RS 12 each
S.P=RS 2,856
IT IS GAIN
GAIN=S.P-C.P
2,856-2,380
=RS 476
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