a shopkeeper purchases 150 identical pieces of calculator at rate of rs 259 each.he spends rs 2400 on transport and packing.he marks the price of each calculator as rs 330 .what is profit and loos
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C.P. of 150 Calculators = (150 x 259) = 39850
Cost of Transport & Packing. = 2400
Total C.P. = (39850 + 2400) = 42250
S.P. of 150 Calculators = (150 x 330) = 49500
therefore
Profit=S.P. - C.P.
=49500 - 42250
=7250
profit on sale of 150 calculators= 7250
Profit gained on each calculator=7250/150
=48.33
Cost of Transport & Packing. = 2400
Total C.P. = (39850 + 2400) = 42250
S.P. of 150 Calculators = (150 x 330) = 49500
therefore
Profit=S.P. - C.P.
=49500 - 42250
=7250
profit on sale of 150 calculators= 7250
Profit gained on each calculator=7250/150
=48.33
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