Question

A Furniture dealer bought a sofa set for
rupees 22,500, rupees 500 was paid for
transportation .Them he sold the sofa for
rupees (24.000.Find his profit or loss math homework ​

Answer 1

Answer:

Hope it helps

Step-by-step explanation:

Cp for sofa = 22500

Overhead expenses=500

Total Cp the dealer had to pay=22500+500=23000

Therefore Cp is less then Sp so there is a profit

Gain=24000-23000=1000

WE know that,

Gain%=$\frac{gain}{CP}$ *100

=$\frac{1000}{23000}$ * 100=100/23=$4\frac{18}{23}$%