a retailer purchase 4dozen electric bulbs for Rs 490and spent Rs10 on transportation he found 5bulbs fused if he sold the remaining bulbs at Rs 13 each find the gain or loss per cent on the transaction
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Answer:
gain percent is 11.8%
Step-by-step explanation:
no:of bulbs =4×12=48 bulbs
cost price of bulbs=₹490
transportation cost=₹10
total cost price=₹500
no:of fused bulbs=5 bulbs
remaining bulbs=48-5=43 bulbs
sold price of each bulb =₹13
selling price of bulbs=43×13=₹559
Sp greater than CP
gain =₹559-₹500=₹59
gain%=gain/CP×100
gain%=59/500×100
gain%=59/5
gain%=11.8%
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