A shopkeeper purchased 200 bulbs for Rs 10 each. However, 5 bulbs were fused and had to be thrown away. The remaining were sold at Rs 12 each. Find the gain or loss %
Cost price of 200 bulbs = 200 ×10
= ₹2000
5 bulbs were fused, number of good bulbs
= 200 - 5 = 195
SP of 195 bulbs = 195 × 12 = ₹2340
As SP > CP, profit = ₹ 2340 - ₹ 2000 = ₹340
profit% = profitc.p×100
3402000×100 = 17%