Question

A shopkeeper buy 150 calculator at 250 rupees each and he spent 2500 rupees on packing and transportation. then marks marked value of 320 and also decided to ward 5% discount what is the % gain in this business

Answer 1

cost of 150 calculator=150×250

=37,500

cost price = 37,500+2500

= 40,000

selling price =320×150

=48,000

discount for 1 calculator =5/100×250

=12.5

discount for 150 calculator=5/100×48,000

=5×480

=2,400

gain=selling price-cost price

48,000-40000

=8000

gain%=gain/cost price×100

=8000/40,000×100

=20%