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12) Three handbags are bought at the rateof 1500 per piece. Transporting themcosts?125. If they are sold for 5087.50,find the profit made and the profit percent

Answer»

CP = 1500+1500+1500 = 4500 TRANSPORT COST = 125 TOTAL CP = 4500 + 125 = 4625 TOTAL SP = 5087.5 PROFIT = 5087.5 - 4500 = 587.5 PROFIT PERCENTAGE = 587.5*100/4500 = 13%



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