A shopkeeper buys a packet of wapers at64 per packet. He spends4 on the transport of four packet. At what price should he sell the packet to gain 16 percent
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Cp of 1 packet=64
Transportation charges =4 on four packet
Total cp=(64x4) +4
=256+4=₹260
He wants to earn profit of 16%
Then
Sp=cpx(100+profit %) /100
=260x(100+16)/100
=260x116/100=301.6
Total sp=₹301.6
Or Sp on 1 packet =301.6/4
=₹75.4
This is ur ans hope it will help you in case of any doubt comment below
Transportation charges =4 on four packet
Total cp=(64x4) +4
=256+4=₹260
He wants to earn profit of 16%
Then
Sp=cpx(100+profit %) /100
=260x(100+16)/100
=260x116/100=301.6
Total sp=₹301.6
Or Sp on 1 packet =301.6/4
=₹75.4
This is ur ans hope it will help you in case of any doubt comment below
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