Question

please help me out how does a shopkeeper earn as he too buy things at same cots as we so how he earn profit tell me ​

Answer 1

Answer:

No. Not at the same price. A shopkeeper buys goods at a lower price and sell it at a higher price.

Explanation:

Supposed, the cost of a mobile phone is Rs 45,000 according to the rate of the company. This amount includes all possible taxes, transportation, and dealers profit. The dealers will buy at Rs. 38,000 from the company. Pay taxes, cost of shipping, etc Rs. 2,000. Sell it for Rs. 45,000. Profit Rs. 5,000 per phone.

By selling 60 phones in a month he will gain a profit of Rs. 3,00,000. With this profit he will have to pay the salary of his salesmen, electricity bill, house rent, etc.