Question

A shopkeeper bought 500 glass tumblers at rs 40 each 20 glass tumbler were broken and he sold the rest at rs 45 each.find profit or loss percent

Answer 1

Answer:

the answer is eighteen %profit

Answer 2

Answer:

Step-by-step explanation:

C.P of 500 glass tumblers = 500*40

                                           = RS. 20,000

No. of glass tumblers he sold = 500 -20

                                                 = 480

Total S.P = 480*45

              = RS. 21,600

Since,

S.P>C.P it is profit

Profit = S.P-C.P

         = 21,600-20,000

         = 1,600

Now,

Profit% = profit/C.P * 100

            = 1,600/20,000*100

            = 8%