an almirah was bought for rs. 14360 and then rs. 240 on its transportation . and sold the almirah for ra. 18000. find total loss or gain percent.
Answers
✬ Profit % = 23.28 % ✬
Step-by-step explanation:
Given:
- Cost price of almirah is Rs 14360.
- Money spent on it's transportation is Rs 240.
- Selling price of almirah is Rs 18000.
To Find:
- What is the gain or loss percent on almirah?
Solution: Since, Rs 240 is spent on transportation of almirah. Therefore,
➟ Total C.P of almirah = Price at which it was bought + Money spent of transportation
➟ Total C.P = Rs (14360 + 240) = 14600
Now, on comparing both C.P and S.P we found that
- S.P > C.P ( Hence, there is a profit )
As we know that
★ Profit = S.P – C.P ★
➬ Profit = Rs (18000 – 14600)
➬ Rs 3400
∴ Profit % = Profit/C.P 100
Profit % = 3400/14600 100
3400/146
23.28%
Hence, there is profit of 23.28% on almirah.
Answer:
23 21/73(actual) or 23.29(approx)
Step-by-step explanation:
cost price=14360
transportation=240
total money spend by seller=14600
sell price = 18000
less gain=gain(3400)
formula of gain or loss percent:
gain or loss /cost price*100
3400/14600*100=23 21/73
:: 23 21/73 is the gain percent.