Question

A shopkeeper purchased 200 bulbs for rs10 each. However 5 bulbs were fused and put them into scrap. The remaining were sold at rs12 each.find the gain or loss percent
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Answer 1

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Question

A shopkeeper purchased 200 bulbs 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

%

. [4 MARKS]

Solution

Concept : 1 Mark

Application: 1 Mark

Calculation : 2 Marks

Cost price of 200 bulbs =Rs200x10=

.2000

5 bulbs were fused. Hence, number of bulbs left = 200 - 5 = 195

These were sold at Rs 12 each.

The SP of 195 bulbs

.

RS. 195x12

=

Rs. 2340

.

here SP>CP⇒profit

∴

Profit= Rs 2340 - Rs 2000 = Rs 340.

i.e., On Rs 2000, the profit is Rs 340.

profit%=profit\ cp x100

.

,

P

r

o

f

i

t

%

=

=profit=340/2000x100

∴

profit%=17%