A man bought cardboard sheet for rupees 3600 and spent rupees 100 on transport. Paying rupees 300 for labour, he had 330 boxes made, which he sold at rupees 14 each. Find the profit per cent .
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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 + 100 + 300 = 4000
He made the boxes of the cardboard sheet that he borrowed for ₹3600
Now we have to see price of each boxes = 14 × 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 + 100 + 300 = 4000
He made the boxes of the cardboard sheet that he borrowed for ₹3600
Now we have to see price of each boxes = 14 × 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%
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