A shopkeeper purchased 200 bulbs for Rs 10 each. He sold 80 of them for Rs 9 each and
rest of them at Rs 12 each. Find his overall profit/loss. Also find his profit/loss percent.
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Answer:
he made a profit of Rs. 160
Step-by-step explanation:
cost price = CP = 200x10 = 2000 Rs
he sold 80 bulb at Rs.9
so he got = 80x9 = 720Rs
he sold the remaining 120 bulb at 12Rs each
so he got = 120x12= 1440Rs
total he got after selling is 720+1440 = 2160
he made a profit as SP>CP
Profit = SP-CP = 2160-2000 = 160Rs
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