A man bought cardboard sheet for 3600 rs and spent 100 Es on transport. Paying 300rs for labour he had 330 boxes made which he sold at 14rs each. Find the profit percent
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The total cost price = 3600+100+300
= 4000
The selling price of 1 box = 14
The total selling price of 330 boxes = 330*14= 4620
Profit= 4620-4000= 620
Profit % = profit/cost price *100
= 620/4000 *100 = 15.5% profit.
Hope this helps.
= 4000
The selling price of 1 box = 14
The total selling price of 330 boxes = 330*14= 4620
Profit= 4620-4000= 620
Profit % = profit/cost price *100
= 620/4000 *100 = 15.5% profit.
Hope this helps.
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