A shopkeeper purchases 350 lamps for Rs.200 each. He sells 210 lamps at Rs. 310 each and
The remaining lamps at Rs.150 each. Find his total profit or loss percentage
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Answered by
3
Answer:
Step-by-step explanation:
Cost of 350 lamps = 350 × 200
= Rs. 70,000
SP of 210 lamps = 210 × 310
= Rs. 65,100
Remaining lamps = 350 - 210
= 140
SP of 140 lamps = 140 × 150
= Rs. 21,000
Total SP = 65,100 + 21,000
= Rs. 86,100
CP = 70,000 < 86,100 = SP
Profit = 86,100 - 70,000
= Rs. 16,100
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