a shopkeeper buys 400 skateboard at rupees 1600 per skate board . he spends rupees 80 per skateboard on transportation . he also spends rupees 7,200 on advertising . then he sells all the skateboard at rupees 1,800 per piece. find profit or loss percentage.
Answers
Answer :-
→ CP of 1 skateboard = Rs.1600
→ CP of 400 skateboard = 1600 * 400 = Rs.640000
now,
→ Transportation cost = Rs.80 / skateboard .
→ Total cost = 400 * 80 = Rs.32000 .
and,
→ Advertising cost = Rs.7200 .
so,
→ Total CP = 640000 + 32000 + 72000 = Rs.679200 .
now,
→ SP of 1 skateboard = Rs.1800
→ CP of 400 skateboard = 1800 * 400 = Rs.720000 .
then,
→ Profit = SP - CP = 720000 - 679200 = Rs.40800 .
therefore,
→ Profit % = Profit * 100 / CP = (40800 * 100)/679200 ≈ 6% (Ans.)
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