A shopkeeper purchased a television for ₹4,400 and spent some money on it. It was further sold for ₹6,000. Find his overhead expenses, if the overall gain is 25% in this transaction.
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Answer:
rs.400
Step-by-step explanation:
cp=4400
sp=6000
gain=25%
cp including overhead expenses =sp×100/(100+profit%)=6000×100/125=4800
so his overhead expenses=rs.(4800-4400)
=rs.400
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