1.

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.

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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