Increase in online shopping has impacted many shopkeepers profit. Now they have to reduce their profit % to serve at competitive rates. ‘Pado stationery’ , a stationery shop purchased notebooks at Rs 50 each. He sold them at Rs 60 online and Rs 70 to a customers who visits their store physically.
a) What is the profit % he earns online? i) 10% ii) 20% iii) 25% d) 40%
b) What is the profit% he earns from a customer who visits their store physically? i) 10% ii) 20 % iii) 25% d) 40%
c) If he sells 3000 notebooks online then what is the amount he would have earned more if he would have sold them to a customer who visits their store physically i) 30000 ii) 60000 iii) 40000 d) 20000
d) Why do you think the shopkeeper sells material online inspite of having less profit online i) He can approach to a large customer base ii) Increase in his sale iii) He can reduce his shop expenses in future when his online sale is satisfactory iv) All of the above
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