Darshan lalji bought 200 sarees for his showroom at ₹1200 per piece He spent ₹6000 for transport and ₹4000 for advertising He sold all the sarees for ₹1500 each. Find the profit or loss percent in his whole transaction
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Darshan lalji bought 200 sarees for his showroom at ₹1200 per piece He spent ₹6000 for transport and ₹4000 on advertising He sold all the sarees for ₹1500 each. The profit percent in his whole transaction is 20%.
Step-by-step explanation:
Total number of sarees = 200
Cost of each saree = ₹1200
So, cost of 200 saree = 200 (1200) = 240000 ₹
He spent ₹6000 for transport and ₹4000 for advertising
So, CP = 240000 + 6000 + 4000 = 240000 + 10,000 = ₹ 2,50,000
Sold price of each saree = ₹ 1500
So, SP of 200 saree = 200 (1500) = 3,00,000
If SP > CP then profit
Profit = SP - CP
= 3,00,000 - 2,50,000
= ₹ 50,000
Profit % = Profit/CP× 100
= 50,000/250000 × 100
= 50000/2500
Profit = 20%
So, the profit percent in his whole transaction is 20%.
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