an electrician purchased 100 bulbs for
Rs 15 each. however, 5 bulbs had to be returned as they were defected. the remaining bulbs were sold at Rs 18 each. find the gain or loss percent.
a. 10% gain
b. 14% gain
c. 12% loss
d. 8% loss
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Step-by-step explanation:
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Answered by
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Answer:
The answer is b. 14% gain
Step-by-step explanation:
CP of 100 bulb: 15 x 100 = 1500
Defected piece: 5
CP of 95 bulbs: 1500
SP of 95 bulbs: 18 x 95 = 1710
Gain = 1710 - 1500
= 210
Gain% = 210/1500 x 100
= 14%
Hence, the shopkeeper gains 14%.
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