A shopkeeper purchased 1000 electric bulbs at Rs.16 each.100 bulbs were
damaged and he sold
the remaining bulbs at
12.5% profit. Find the selling price.
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- Cost price of 1000 bulbs = Rs. 16
- Cost of 1 bulb = Rs. (1000×16 ) = Rs. 16,00
- Number of bulbs damaged = 100
- Number of bulbs remaining = (1000-100)=900
- Selling price of 1 bulb = 12.5
- Selling price of 900 bulbs = Rs. (900×12.5) = 11250
- Since S.P.<C.P. ,so GAIN
- Gain=(S.P.-C.P.)
- = Rs. ( 1600 - 11250)
- = −9,650
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