A retailer bought 1000 glass tumblers at rs 80 each.50 glass tumblers were broken and he sold the rest at Rs 96 each .find his p
rofit or loss percent
2 answers:
Answer:
14%profit
Step-by-step explanation:
Cost of 1000 tumblers=1000×80=80,000
50 of them were broken: 1000-50=950
: He sells 950 tumblers of rs.96 each= ( 950×96)
S.P=91200
We can clearly see he gains for rs.11200.
P%=gain/C.P×100
11200×80000×100
=14%
Step-by-step explanation:
Soln
Given
Cp of 1 glass tumbler=80.1000
=Rs 80000
Number of broken glass tumbler=50
Number of remaining glass tumbler=1000-50
=950
Sp of one glass tumbler=96
Sp of 950 glass tumbler=96.950
=91200
Now
Sp > Cp so it is profit
Profit%=sp-cp/cp.100
=91200-80000/80000.100
=11200/80000.100
=14%
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