Question

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 %.

Answer 1

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%

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Hope this will help you..

Answer 2

Solution :-

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 %

Answer.