a shopkeeper purchased 150 identical pieces of calculators at the rate of 250rz he spent an amount of rs 2500on transport and packing. he fixed the the labelled price of each calculator at 320 however he decided to give a discount of 5% on the labeled price . what is the total percentage profit earned by him
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Step-by-step explanation:
Total no. of calculator = 150 pieces
1 calculator cost = 250 R
He invested on transport =2500 R
Labelled price of calculator = 320 R
rate of discount = 5%
Discount = 5/100 X 320
= 6 R
Discounted price = 320 - 6 = 314
Total amount he get = 150 x 314 = 47,100
Total amount he invested = 250 x 150 + 2500 = 40, 000
Profit = 47100/40000 x 100
= 117.75 %
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