A man bought cardboard sheet for 3600 and spent 100 on transport. paying 300 for labour he had 330 boxes made which he sold at 14 each. find the profit percent
Answers
Answer:
Firstly we have to see all the payments.
Firstly we have to see all the payments.
Then,
Price of cardboard = 3600
Rs spent on transport = 100 Money for the labour = 300
All the total of this payments = 3600 + He made the boxes of the cardboard sheet that he borrowed for 3600
100 + 300 = 4000
Now we have to see price of each boxes = 14 x 330 = 4620
To get the profit percent we have to divide 4000 by 4620 = 4000/4620 = 1.15
Therefore, the profit per cent = 1.15%
Then,
Price of cardboard = 3600
Rs spent on transport = 100 Money for the labour = 300
All the total of this payments = 3600 + He made the boxes of the cardboard sheet that he borrowed for 3600
100 + 300 = 4000
Now we have to see price of each boxes = 14 x 330 = 4620
To get the profit percent we have to divide 4000 by 4620 = 4000/4620 = 1.15
Therefore, the profit per cent = 1.15℅