1.

A Retailer Buys A Cooler For Rs.1200 And Overhead Expenses Are On It Are Rs.40. If He Sells The Cooler For Rs.1550, Determine The Profit Percentage.?

Answer»

COOLER cost = Rs.1200

OVERHEAD cost = Rs.40

Total cost = Rs.(1200+40) = Rs.1240

S.P of the cooler = 1550

PROFIT = S.P-C.P

= Rs.(1550-1240)

= Rs. 310

Profit% = 3101240×100

= 25%

Cooler cost = Rs.1200

Overhead cost = Rs.40

Total cost = Rs.(1200+40) = Rs.1240

S.P of the cooler = 1550

Profit = S.P-C.P

= Rs.(1550-1240)

= Rs. 310

Profit% = 3101240×100

= 25%



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