Question

Assume a shop owner of a light bulb purchased 200 bulbs for $ 10 each. However, if 5 bulbs were fused and had to be thrown away. The remaining were sold at $ 12 each. What will be the percentage of profit?

Answer 1

Answer:

percentage is 30%.....

Answer 2

Answer:

17%

Explanation:

200x10=2000 (the money that was put down)

200-5=195 (the light bulbs that can be sell)

195x12= 2340 (the money from selling the light bulbs)

2340-2000=340 (amount of money actually earned)

340/2000=17%