Question

Mr. Raga bought 100 of dozen of mango during 2019-20 at the rate of ₹600 per dozen .
Transport cost was ₹5000 . He also paid rent ₹6000 for year 2019-20 for his shop . During the year he sold 80 Dozen mango at the rate of ₹ 1600 per dozen .
Find out net profit made by Raga

Answer 1

Given:

Number of mangoes he bought=100 dozen.

C.P of 1 dozen mangoes=₹600.

Transport cost=₹5000

Rent=₹6000

S.P of  1 dozen mangoes=₹1600

To Find:

Net profit.

Solution:

Since, the total cost price will include the transportation cost and the rent.

Total C.P =₹(100\times 600+5000+6000)=₹71000.

Total S.P=₹(1600\times80)=₹128000.

Gain=S.P-C.P=₹(128000-71000)=₹57000.

Therefore,the net profit made by Raga=₹57000.