Question

A shopkeeper purchased 200 bulbs for ₹10 each. However, 5 bulbs were fused and had to be thrown away. The remaining were sold at ₹12 each, find the gain or loss%​

Answer 1

Answer:

Profit = 17%

Step-by-step explanation:

No. of bulbs =200, Cost of each bulb =10

So total C.P = 200 × 10 = 2000

We know that 5 of them were broken so only (200 − 5) = 195 were sold, at a rate of 12 per each bulb.

Total S.P. = 195 × 12 = 2340

Profit or loss =S.P – C.P. = 2340 – 2000 = +340(which is a profit)

Percent profit = 340/2000 * 100 = 17%

∴Profit = 17%