Kamal bought paper sheet for rs 7200 and spend rs 200 on transport. Paying rs 600 he had 330 boxes made which he sold at rs 28 each.find his total profit and profit%
Answers
Step-by-step explanation:
Cost price (C.P) of paper sheets = Rs.7200
Spent on transport = ₹ 200
Total C.P of paper sheets= C.P of paper sheets + overhead expenses
Total C.P of paper sheets = 7200 +200= ₹ 7400
Amount paid for making boxes=₹ 600
Total C.P of making 330 boxes = 7400 +600= ₹ 8000
Total C.P of making 330 boxes = ₹ 8000
Selling price(S.P) of each box = ₹ 28
selling price (S.P)of 330 boxes = 330 × 28 = ₹9240
Profit = S.P - C.P
Profit = 9240 - 8000 = ₹ 1240
Profit percentage(P %) = (1240 / 8000) x 100 %
= 124/8
Profit %= 15.5%
Answer:
Total Profit and Profit percentage is Rs.1240 and 15.5%, respectively
Step-by-step explanation:
Cost price (C.P) of paper sheets = Rs.7200
Cost of transportation (overhead expenses) = Rs.200
Amount paid for making boxes = Rs.600
=> Total C.P = C.P + Overhead expenses
=> Total C.P = (7200 + 600) +200 = Rs.8000
=> Selling price (S.P) of each box = ₹ 28
=> S.P of 330 boxes = 330 × 28 = Rs.9240
Profit = S.P - C.P
Profit = 9240 - 8000 = Rs.1240
Profit % = (1240 ÷ 8000) x 100%
= (124/8)%
= 15.5%
Therefore, total profit and profit percentage are Rs.1240 and 15.5%, respectively.