Question

A shopkeeper purchased400 bulbs for ₹20 each .However 25 bulbs were fused and had to be thrownaway .the remaining were sold at ₹28each.Find the gain or loss %​

Answer 1

Answer:

Gain % = 31.25%

Step-by-step explanation:

CP of 400 bulbs = rs 20*400

= 8000

Number of bulbs sold = 400-25

= 375

SP of 1 bulb = rs28

SP of 375 bulbs = rs 28*375

= 10500

SP > CP,

Hence gain % = SP - CP/CP *100%

= 2500/8000*100%

= 125/4%

= 31.25%