Question

A shopkeeper buys 80 LED bulbs for Rs 24000 and sold them at a profit of 16% find the SP of the one bulb

Answer 1

I hope it will helps you and please mark as brainlist.

Answer 2

hey mate here's ur answer

CP of 80 bulbs = Rs 24000

CP of 1 bulb = 24000/80 = 300

profit %age = 16%

we know that

profit % = (SP - CP)/CP * 100

16 = (SP - 24000)/24000 * 100

16 = (SP - 24000)/240

16*240 = SP - 24000

3840 = SP - 24000

SP = 3840 + 24000

SP = 27840

so, SP of 80 bulbs = Rs 27840

SP of 1 bulb = 27840/80 = Rs 348