A shopkeeper purchased $150$ identical pieces of calculators at the rate of $Rs. 250$ each. He spent an amount of $Rs. 2500$ on transport and packing. He fixed the labelled price of each calculator at $Rs. 320$ . However he decided to give a discount of $5 %$ on the labelled price. What is the percentage profit earned by him?

14 %

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15 %

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16 %

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20 %

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Solution

The correct option is A $14 %$
Cost of each calculator= $250 + \frac{2500}{150} = 266 \frac{2}{3} R s .$
S.P of each calculator= $\frac{95}{100} \times 320 = 304 R s .$
Profit Percentage= $\frac{112}{3} \times \frac{3}{800} \times 100 = 14$ %

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The correct option is A 14%Cost of each calculator=250+2500150=26623Rs.S.P of each calculator=95100×320=304Rs.Profit Percentage=1123×3800×100=14%

The correct option is A $14 %$
Cost of each calculator= $250 + \frac{2500}{150} = 266 \frac{2}{3} R s .$
S.P of each calculator= $\frac{95}{100} \times 320 = 304 R s .$
Profit Percentage= $\frac{112}{3} \times \frac{3}{800} \times 100 = 14$ %