Gunjan bought goods worth rupees 7560 and spend some amount for transportation and packing his sold the goods for rupees 9900 and made a profit of 10% what were his overhead expenses
Answers
Answer:
packing.
He sold the goods for 9,900/- and made a profit of 10%.
7,560/- + x = 9,900/-
x = 2,340/-
Profit = 900/-
The cost of transportation and packing is 1,440/-...Show more
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Mr.Mukherjee
5 years ago
Purchase price of goods ( Rs 7560 ) + packing/forwarding charges , say , amount Rs X = Total cost of the goods prior to sale of the goods, but addition of 10 % profit based on total cost given is Rs 9900 ,
Now we can formate the equation of above expression to get the hidden value of X , of packing /forwarding from the following expression,( 7560 + X ) 110/100 = 9900 , simplifying we get X = rS 1440 , so the total cost is Rs 7560 + Rs 1440 = Rs 9000, and selling price with 10 % profit on total cost of Rs 9000 becomes , 9000 + 10/100 x 9000 = Rs 9900
Answer:
thanks for points........