a shopkeaper bught fertilizer woth 8000 feom city and bought tk his village. he spent 520 on transportation. if he wants to make overall profit of 20per cent for how mych should he sell the whole material?
Answers
Correct question:-
A shopkeeper bought fertilizers of worth ₹8000 from the city and brought it to his village. He spent ₹520 on transportation. If we wants to make an overall profit of 20%, for how much should he sell the whole material?
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Answer:-
Cost of fertilizers= ₹8000
Overhead expenses= ₹520
Total C.P= 8000+520
₹8520
Profit %= 20%
S.P= 100+P%÷100×C.P
100+20÷100×8520
20/100×5520
₹10224
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Some useful formulae:-
Discount= M.P-S.P
Discount%= D/M.P×100
Marked price= 100/100-D%×M.P
Selling price= 100-D%/100×M.P
Profit= S.P-C.P
Loss= C.P-S.P
Profit%= Profit/C.P×100
Loss%= Loss/C.P×100
Profit Selling price = 100+P%/100×C.P
Loss selling price= 100-L%/100×C.P
Profit cost price= 100×SP/100+P%
Loss cost price= 100×S.P/100-L%
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♧Question♧
- a shopkeaper bught fertilizer woth 8000 feom city and bought tk his village. he spent 520 on transportation. if he wants to make overall profit of 20pecent for how mych should he sell the whole material?
♧Answer♧
Given data:-
- Cost price of the fertilizer = ₹ 8000
- Shopkeeper spend money = ₹ 520
- Total Cost price = 8000 + 520
- Total Cost price = ₹ 8520
- Overall Profit he need = 20%
To find:-
- Sale price of the fertilizer = ?
Solution:-
☆S.P=((100+profit%)/100)×Cost price
Put values in the formula,
- ⇒((100 + 20 ) × 8520) /100
- ⇒(120 × 8520) / 100
- ⇒1022400/100
- ⇒ ₹ 10224 Ans.