Kamal bought paper sheets for 7200 and spent 200 on transport. Paying 600, he had 330 boxes made, which he sold at 28 each. Find his total profit and profit %
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Answer:
15.5 %
Step-by-step explanation:
Cost price of paper sheet = Rs. 7200
Transportation cost = Rs. 200
Total cost of paper sheet including transportation cost = 7200 + 200 = Rs. 7400
Box making charges = Rs. 600
Total cost of 330 boxes = 7400 + 600
= Rs. 8000
Selling price of 1 box = Rs. 28
Selling price of 330 boxes = 28*330
= Rs. 9240
Profit = SP - CP
= 9240 - 8000
= Rs. 1240
Profit percent = (1240*100)/8000
= 124/8
= 15.5 %
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