Question

Azad bought toys worth rs 75000 for his toy shop. He spent some money on transportation, rent for his shop, and the salary for the salesman. If he made a profit of 10% on hos real expense, which were rs 9000, calculate his overhead expenses

Answer 1

Let the overhead charges be 'x'

C.P of toys is Rs.75000

With overheads it becomes 75000+x Rs

S.P=(C.P+Overheads)+ Profit

Profit
= 0.1*(C.P+Overheads)
= 0.1*(75000+x) rs

Given that profit is 9000 rs
=> 0.1(75000+x) = 9000
=> 75000+x = 9000/0.1
=> 75000+x = 90000
=> x = 90000 - 75000
=> x = 15000 rs

The cost of overheads is Rs.15000

Answer 2

*Answer*: 15000

Step-by-step explanation:

Let the overhead charges be 'x'

C.P of toys is Rs.75000

With overheads it becomes 75000+x Rs

S.P=(C.P+Overheads)+ Profit

Profit

= 0.1*(C.P+Overheads)

= 0.1*(75000+x) rs

Given that profit is 9000 rs

=> 0.1(75000+x) = 9000

=> 75000+x = 9000/0.1

=> 75000+x = 90000

=> x = 90000 - 75000

=> 15000rs