Question

A shopkeeper bought 500 glass tumbler at rest 4o each. 20 glass tumblers were broken and he sold the rest at 45each. Find his profit or loss percent.

Answer 1

Answer:

Step-by-step explanation:

Explain of this question is following

Answer 2

Answer:

Soln:

Given,

The number of broken glasses=20

Now,

500-20=480

So,

S.P of the glass tumbler=480*45

=21,600

C.P of the glass tumbler=500*40

=20,000

Now,

Profit =?

We know,

Profit=S.P-C.P

or,Profit=20,000-21,600

= 16,00

Again,

Loss %=?

We know,

Loss%=loss/C.P*100

or,Loss%=1,600/20,000*100

=8%