If a person have 400 bulbs and 5 bulbs are fused and each bulb was sold of RS 12 each . What will the profit %
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No. of bulbs =200, Cost of each bulb =10
Total C.P=200×10=2000
5 of them were discarded so only (200−5)=195 were sold, at a rate of 12 per each bulb.
Total S.P=195×12=2340
Profit or loss =S.P–C.P=2340–2000=+340 (Profit)
Percent profit =
C.P
Profit
×100=
2000
340
×100=17
∴ Profit is Rs.340 or 17%.
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