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
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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.
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