An electric store buys 1000 bulbs for Rs. 40 each .100 of them are broken. He sells the remain for Rs. 45 each. What is his percentage of profit or loss?
Answers
Answered by
0
Answer:
profit
1.25%
Step-by-step explanation:
cost price : 1000×40= 40000Rs
selling price= (1000-100) × 45= 40500Rs.
profit = sp-cp
40500-40000= 500
%profit= profit/CP. ×100%/1
500/40000 = 0.0125 × 100= 1.25%
Similar questions