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1. Kamal bought paper sheets for R 7200 and spent 200 on transport. Paying600,hehad330boxesmade, which he sold at28 each. Find his total profit and profit %. |
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Answer» Cost price (C.P) of paper sheets = Rs.7200 Spent on transport = ₹ 200 Total C.P of paper sheets= C.P of paper sheets + overhead expenses Total C.P of paper sheets = 7200 +200= ₹ 7400 Amount paid for making boxes=₹ 600 Total C.P of making 330 boxes = 7400 +600= ₹ 8000 Total C.P of making 330 boxes = ₹ 8000 Selling price(S.P) of each box = ₹ 28 selling price (S.P)of 330 boxes = 330 × 28 = ₹9240 Profit = S.P - C.P Profit = 9240 - 8000 = ₹ 1240 Profit percentage(P %) = (1240 / 8000) x 100 % = 124/8 Profit %= 15.5% |
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