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A shopkeeper purchased 200 bulbs for Rs 10 each. However 5 bulbs were fused and had to be thrown away. The remaining were sold at Rs 12 each. Find the gain or loss %. |
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Answer» The cost price of 200 bulbs in rupees ` = 200**10 = 2000` As 5 bulbs were fused, the total number of bulbs that were sold `= 200-5 = 195` Selling price of all 195 bulbs in rupees `=195**12 = 2340` So, Profit in rupees` = 2340-2000 = 340` So, `%` profit `= 340/2000**100 = 17%` |
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