a shopkeaper bught fertilizer woth 8000 feom city and bought tk his village. he spent 520 on transportation. if he wants to make overall profit of 20per cent for how mych should he sell the whole material?
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a shopkeaper bught fertilizer woth 8000 feom city and bought tk his village. he spent 520 on transportation. if he wants to make overall profit of 20per cent for how mych should he sell the whole material?
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Verified answer
Correct question:-
A shopkeeper bought fertilizers of worth ₹8000 from the city and brought it to his village. He spent ₹520 on transportation. If we wants to make an overall profit of 20%, for how much should he sell the whole material?
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Answer:-
Cost of fertilizers= ₹8000
Overhead expenses= ₹520
Total C.P= 8000+520
₹8520
Profit %= 20%
S.P= 100+P%÷100×C.P
100+20÷100×8520
20/100×5520
₹10224
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Some useful formulae:-
Discount= M.P-S.P
Discount%= D/M.P×100
Marked price= 100/100-D%×M.P
Selling price= 100-D%/100×M.P
Profit= S.P-C.P
Loss= C.P-S.P
Profit%= Profit/C.P×100
Loss%= Loss/C.P×100
Profit Selling price = 100+P%/100×C.P
Loss selling price= 100-L%/100×C.P
Profit cost price= 100×SP/100+P%
Loss cost price= 100×S.P/100-L%
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♧Question♧
♧Answer♧
Given data:-
To find:-
Solution:-
☆S.P=((100+profit%)/100)×Cost price
Put values in the formula,
So the Sale price will be ₹ 10224.
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