Question

A man bought cardboard sheet for Rs. 3500 and spend Rs. 200 on transport and paying Rs. 300 for Labour then he made 340 boxes,which he sold at Rs.14 each .Find Profit or loss percentage​

Answer 1

Answer:

He made a profit of ₹760 and profit % is 19%.

Step-by-step explanation:

first add the cost of cardboard sheet and money spent on transport and money spent on labour that is 3500 + 200 + 300 = ₹4000

now take out how much money he got by selling boxes he made that is 340×14 ( no. of boxes × cost of each box ) = ₹4760

to take out profit substract his cost price (4000) from his selling price (4760) so, 4760 - 4000 = 760.

Now to take out profit percent divide the profit (760) by cost price (4000) and multiply it by 100 so, 760÷4000×100 = 19 percent is profit percentage

Answer 2

Step-by-step explanation:

SP=330×Rs14

=4620

CP=3600+100+300

Profit=SP−CP=4620−4000

=620

profit \: \% = \frac{620}{4620} \times 100profit%=

4620

620

×100

15.5\%15.5%