Question

One shopkeeper buyed 80 things for 2400 and he sell with 16℅profits?

Answer 1

Answer:

2400 ÷ 100 × 16

24 × 16

384

2400 - 384

2016

Answer 2

Answer:

Step-by-step explanation:

All right so when u buy something for a price it is called the cost price and u make profit on your cost price always because your gain can be calculated on the money u have spent, it is only logical to do so

Now if a shopkeeper bought 80 things for 2400

This means his cost price or C.P. = 2400

Therefore profit = (16/100)×2400

=384

384 is actually the money he has made over his initial investment of 2400

And at selling the goods at 16 percent profit he has actually made

2400+384

= 2784

Hope this helped