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Example 6: A shopkeeper purchased 200 bulbs for 10 each. However 5 bulbswere fused and had to be thrown away. The remaining were sold at ? 12 each. Find thegain or loss %. |
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Answer» Shopkeeper purchased 200 bulbs for 10 RS. each. Therefore, 200×10=20005bulbs were fused,that were thrown.Hence,shopkeeper now has only 195 bulbs. He sold each for RS 12.Therefore, 195×12=2340.Profit =SP-CP =2340-2000 =340.Hence,the shopkeeper had a profit of RS 340. |
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