a men sell a calculator at the rate of 250each which include a profit of 14%.what amount of profit will he earn in 7 days
Answers
Answered by
36
Since, it is not mentioned how many calculators are sold per day hence we will assume that one calculator is being sold per day.
Selling Price ( SP ) of 1 calculator = ₹ 250
Profit percentage = 14 %
Let the Cost Price ( CP ) be ₹ ' x ' .
Profit = ₹ ( 250 - x )
Profit percentage = ( 250 - x ) / x * 100
14 = ( 250 - x ) / x * 100
14x = 100 ( 250 - x )
14x = 25000 - 100x
114x = 25000
x = ₹ 25000 / 114
CP = x = ₹ 25000/114
Profit = 250 - 25000/114
Profit = ₹ 3500 / 114
Profit in 7 days = 3500 / 114 * 7
Profit in 7 days = 214.91 ( approximately )
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Answered by
43
Here is your solution
it is not Given in question how many calculators are sold per day.
So we will assume that one calculator is being sold per day.
S.p of 1 calculator = ₹ 250(given)
Profit percentage = 14 %(given)
Let,
The C.p be ₹ x
Profit = [₹ 250-x]
Profit percentage =[250 - x]/ x×100
NOW
14 = ( 250 - x ) / x × 100
14x = 100 ( 250 - x )
14x = 25000 - 100x
114x = 25000
x = 25000 / 114
given that CP =x
CP = x = ₹ 25000/114
Profit = [₹ 250-x]
Profit = 250 - 25000/114
Profit = ₹ 3500 / 114
Profit in 7 days
= 3500 / 114×7
Profit in 7 days =214.91(Aprox)
NOTE :-we can assume 1 or 2 or etc calculator is being sold per day.but answer will come other other.
Hope it helps you
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