A shopkeeper buys 200 bicycles at ₹1200 per bicycle . He spends ₹30 per bicycle on transportation. He also spends ₹4000 on advertising. Then he sells all the bicycles at ₹1350 per piece. Find his profit or loss. Also calculate it as a percentage

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Solution

Cp of 200 bicycles =1200×200=240000
:on transportation =200×30=6000
:on advertising =4000
total c.p =240000+6000+4000
=250000
total s.p.=1350×200=270000
gain=270000-250000=
20000
gain%=20000×100/250000
=8%
hope it will help you.

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A shopkeeper buys 200 bicycles at ₹1200 per bicycle . He spends ₹30 per bicycle on transportation. He also spends ₹4000 on advertising. Then he sells all the bicycles at ₹1350 per piece. Find his profit or loss. Also calculate it as a percentage

Cp of 200 bicycles =1200×200=240000 :on transportation =200×30=6000 :on advertising =4000 total c.p =240000+6000+4000 =250000 total s.p.=1350×200=270000 gain=270000-250000= 20000 gain%=20000×100/250000 =8% hope it will help you.

Cp of 200 bicycles =1200×200=240000
:on transportation =200×30=6000
:on advertising =4000
total c.p =240000+6000+4000
=250000
total s.p.=1350×200=270000
gain=270000-250000=
20000
gain%=20000×100/250000
=8%
hope it will help you.