A PERSON BOUGHT AN ALMIRAH AT RS.325. THEN HE SPENT RS.25 FOR IT'S REPAIRING. IF HE SELLS IT AT RS.420, THEN WHAT WILL BE THE PERCENTAGE OF PROFIT??
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A PERSON BOUGHT AN ALMIRAH AT RS.325. THEN HE SPENT RS.25 FOR IT'S REPAIRING. IF HE SELLS IT AT RS.420, THEN WHAT WILL BE THE PERCENTAGE OF PROFIT??
PLEASE ANSWER FAST
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QUESTION : A PERSON BOUGHT AN ALMIRAH AT RS.325. THEN HE SPENT RS.25 FOR IT'S REPAIRING. IF HE SELLS IT AT RS.420, THEN WHAT WILL BE THE PERCENTAGE OF PROFIT??
WHAT TO FIND : OVERALL GAIN OR LOSS %
SOLUTION :
CP OF ALMIRAH = ₹325
SPENT ON ALMIRAH = ₹25
TOTAL CP = ₹325 + ₹25 = ₹350
SP = ₹420
GAIN = SP-CP
= 420-350
= ₹70
GAIN % = GAIN × 100/CP
=70×100/350
= 20%
GAIN % = 20%
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c.p. with overhead =rs 325 + rs 25 =350 rs. s.p.= rs 420. then profit= sp.- c.p = 420rs - 350 =70rs. profit%= profit × 100/ c.p. = 70×100/350=20%. I am very lot of time spend on this answer this is correct answer please choose me for brainliest answer