Subhash purchased a hundred second hand TV sets at rs 8700 per TV. He spent rs 1000 per TV set for transportation and rs 10000 for advertising the sale of these TV sets. If he sold all the TV sets at 10584 per set, find his profit or loss per cent.
only for llDEVILII as he give my all the answers correct .....^_^
Answers
total cost price = cost of 100 tv sets +100* transportation charges for each tv+advertise ing cost
= 870000 + 100000 +10000
=980000
selling price = 100* 10584=1058400
selling price is more than cp
therefore hr get profit
profit = sp -cp
= 1058400 - 980000
=78400
profit % = (profit *100)/total cp
= (78400*100)/980000
=8%
QUESTION :-
Subhash purchased a hundred second hand TV sets at ₹ 8700 per TV. He spent ₹ 1000 per TV set for transportation and & ₹ 10000 for advertising the sale of these TV sets. If he sold all the TV sets at 10584 per set, find his profit or loss per cent.
ANSWER :-
8 %
STEP BY STEP EXPLANATION :-
Cost of 1 second hand TV set =₹ 8700
• Cost of 100 second hand TV sets = ₹8700 × 100 = ₹ 870000
Transportation expenses per TV set = ₹1000
• Transportation expenses for 100 TV sets = ₹1000 × 100 = ₹ 100000
Amount spent on advertising = =₹ 10000
• Total cost price of 100 TV sets = ₹(870000 + 100000 + 10000) = ₹ 980000
Selling price of one TV set = ₹ 10584
• Selling price of 100 TV sets = ₹ 10584 x 100 = ₹1058400
Profit = SP - CP = ₹(1058400 - 980000) =₹ 78400
Profit% = (Profit/CP × 100 )
= (78400 / 980000 × 100) %
= 8%