Mr. Mehta purchased a dozen famous paintings at Rs. 20000 per piece. He spent Rs. 25000 on advertisement. He sold each painting for Rs. 25000. Find his profit or loss
Answers
Answered by
4
Answer:
total cost price=20000×12+25000=265000 for 12 paintings
selling price of 12 paintings =12×25000=300000
profit= sp-cp
300000-265000=35000
Answered by
1
Answer:
CP=20000per peace
sp=25000
so,
He bought a dozen
=20000*12
=240000
=240000+25000
=265000
so,
25000per painting
25000*12
=300000
so,
300000—265000
=35000
he gain a profit of
35000
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