Shopkeeper buys 200 bicycle at rupees 1200 purecycle he spends 30 rupees for bicycle on transportation he also Spain 4000 on advertising then he says all the bicycle at 1350 for peace find his profit or loss also calculate it as a percentage
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It is given that
C.P. of one bicycle =Rs.1200
C.P. of 200 bicycle = 1200× =240000
Expenditure on transportation for one bicycle =Rs.30
Expenditure on transportation for 200 bicycle = 30× 200=Rs.6000
Expenditure on advertising = Rs.4000
We know that
Net C.P. of the bicycle =240000+6000+4000
=Rs.250000
S.P. of 200 bicycle at Rs. 1350 per bicycle $$= 200 × 1350= Rs. 270000$$
So profit = S.P – C.P.
Substituting the values
=270000–250000
=Rs20000
Here
Profit % = [Profit/ C.P. × 100] %
Substituting the values
=[20000/250000×100] %
So we get
=200/25 %
=8%
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