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A shopkeeper purchases 15 packs of four cigars of Jaali brand each pricing Rs. 600. If a shopkeeper sells them illegally at the rate of Rs. 200 per piece. What is the profit percent earned by the shopkeeper?1). 12.5%2). 25%3). 33.33%4). 50% |
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Answer» Total cigars = 15 × 4 = 60 Actual price of cigars = 15 × 600 = Rs. 9,000 Money earned by SELLING all the cigars = 60 × 200 = Rs. 12,000 Profit earned = 12000 – 9000 = Rs. 3000 Profit % earned = (3000/9000) × 100 = 33.33% |
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