A shop keeper purchased 200 bulbs for ₹10 each. However 5 bulbs were fused and put them in to scrap. The remaining were sold at ₹12 each. Find the gain or loss percent.
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Answer:
17% profit
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Given :
- A shop keeper purchased 200 bulbs for ₹10 each. However 5 bulbs were fused and put them in to scrap. The remaining were sold at ₹12 each .
To find :
- Gain or Loss percent
Formula used :
Solution :
Bulbs purchased : 200 .
Each bulb cost : 10 .
Total C. P = 200 × 10 = 2000
5 bulbs were fused .
Hence, number of bulbs left = 200 - 5 = 195
These were sold at Rs. 12 each .
The SP of 195 bulbs = 195 x 12 = Rs 2340
He obviously made a profit
Now,
SP > CP
Profit = ₹2340 - ₹2000 = ₹ 340
On 2000, the profit is 340 .
Hence , the profit is 17% .
MasterDhruva:
Nice!
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