Question

A man bought cardboard sheet for Rs.3600and spent Rs.100 on transport. Paying Rs. 300for labour, he had 330 boxes made, which he sold at Rs.14each. find the profit percent

Answer 1

Total amount he spent on cardboard = 3600 + 100 + 300 = Rs.4000

SP of 330 boxes = 330 x 14 = Rs.4620

Profit = 4620 - 4000 = Rs.620

Profit in percent = 620/4000   x 100 = 15.5%