shopkeeper purchase 250 bulbs for Rs 12each. However, 5 bulbs were fused and has to be thrown away. The remaining sold at ₹15 each. Find the or gain loss percent
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Answer:
250 ×12=3000
245×15=3675
675 is profit
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the cost price=250×12=3000
5 bulbs are fused ,so
total bulbs =245
each bulb solded for ₹15
Now
the selling price=245×15=3675
CP-SP=3675-3000=675
gain=675
now gain percent=gain×100÷CP
=675×100÷3000
=675÷30
=22.5
therefore,the gain percent is 22.5
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