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A shopkeeper purchased 1000 electric bulbs at Rs.16 each.100 bulbs weredamaged and he sold the remaining bulbs at 12.5% profit. Find the selling price of each.Step by step.​ans:rs 20 each​

Answer»

Answer:

A shopkeeper PURCHASED 1000 ELECTRIC bulbs at Rs.16 each.

Cost Price = 16*1000 = 16,000

100 bulbs were DAMAGED, so remaining for sell,

1000 - 100 = 900

he sold the remaining bulbs at 12.5% profit.

SP = 112.5/100*16000 = 18000

Find the selling price of each

Selling Price of each = 18000/900 = 20



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