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A Retailer Buys A Radio For Rs.225. His Overhead Expense Are Rs15. If He Sells The Radio For Rs.300, Determine The Profit Percentage. |
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Answer» RADIO cost = Rs 225 OVERHEAD expenses = Rs 15 Total expenses = Rs.(225+15) = Rs.240 S.P = Rs.300 PROFIT = SP-CP = Rs (300-240) = Rs.60 Profit% = 60240×100 = 25% Radio cost = Rs 225 Overhead expenses = Rs 15 Total expenses = Rs.(225+15) = Rs.240 S.P = Rs.300 Profit = SP-CP = Rs (300-240) = Rs.60 Profit% = 60240×100 = 25% |
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