Question

A retailer buys a per for Rs 335. He sells it for Rs 400. If he makes a profit of Rs 50, what are his overhead expenses?

• A. Rs 15
• B. Rs 65
• C. Rs 50
• D. Rs 115

Answer 1

The correct option is A

Rs 15

Let the overhead expenses be Rs x

profit = S.P. - (C.P + overhead expenses)

50 = 400 - (335 + x)

x = Rs 15