Question

A shopkeeper purchased 200 bulb for rs.10 each. However 5 bulbs were fused and had to be thrown away. The remaining were sold at rs. 12 each. Find the gain or loss percent

Answer 1

Answer:

Gain 17%

Step-by-step explanation:

Cost price of each bulb= Rs 10

CP of 200 bulbs=200×Rs10= Rs 2000

Fused bulbs=5

Remaining bulbs which are not fused=200-5=195

Selling price of each bulb= Rs 12

Selling price of 195 good bulbs= 195×12=Rs 2340

SP is greater than CP, so there is gain

Gain =2340-2000=340

$gain\% = \frac{gain}{cp} \times 100\% \\ \frac{340}{2000} \times 100\% = 17\%$

The shopkeeper gets 17% profit

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