Question

A shopkeeper bought 15 buckets at the rate of 50 each and 20 buckets at the rate of 40 each. He spent 50 on transportation.He sold all the buckets at a flat rate of 45 each. find his profit or loss per cent​

Answer 1

l is equal to 54 and p equal to 46

Answer 2

The shopkeeper bought 15 buckets at the rate of 50.

then.

15×50= 750.

then, the shopkeeper purchase 20 bucket at the rate of 40 .

then,

20× 40= 800.

then he spend 750+800 = 1550.

then he sold all bucket at the price 45.

therefore, total bucket= 35

then, he earn money = 40× 35= 1575

his profit is = 1575- 1550= 25 is the profit