.A shopkeeper buys 200 bicycles at Rs 12000 per bicycle.
He spends Rs 30 per bicycle on transportation. He also spends Rs4000 on advertising. Then he sells all the bicycles at Rs 1350 per price. Find his profit or loss. Also calculate it as a percentage.
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Answer:
It is given that
C.P. of one bicycle =Rs.1200
C.P. of 200 bicycle = 1200× =240000
Expenditure on transportation for one bicycle =Rs.30
Expenditure on transportation for 200 bicycle = 30× 200=Rs.6000
Expenditure on advertising = Rs.4000
We know that
Net C.P. of the bicycle =240000+6000+4000
=Rs.250000
S.P. of 200 bicycle at Rs. 1350 per bicycle $$= 200 × 1350= Rs. 270000$$
So profit = S.P – C.P.
Substituting the values
=270000–250000
=Rs20000
Here
Profit % = [Profit/ C.P. × 100] %
Substituting the values
=[20000/250000×100] %
So we get
=200/25 %
=8%
hope u understood....
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