A shopkeeper purchased 250 bulbs for rs 12.however ,5 bulbs were fused and had to be thrown .the remaining were sold at rs 15 each.find his gain percentage
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solution:
let the cost price of 1 bulb = Rs 12
the cost price of 250 bulbs = Rs 12*250
= Rs 3000
Number of fused bulbs = 5
Number of remaining bulbs = 250 - 5 = 245
selling price of 1 bulb = Rs 15
selling price of 245 bulbs = Rs 15*245
= Rs 3675
Gain = S.P - C.P
= Rs ( 3675 - 3000 )
= Rs 675
Profit % = Profit/C.P * 100
= 675/3000 * 100
= 22.5 %
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the answer is 22.5% . here is your answer !!
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