Question

A shop keeper 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 %

Answer 1

Answer: 17%

Explanation:

A shop keeper purchased 200 bulbs for Rs.10 each. Therefore, the cost price:

= 200 × 10

= 2000

Since 5 bulbs were fused and had to

be thrown away and the remaining were sold at Rs.12 each. Therefore, selling price would be:

= 195 × 12

= 2340

Gain would be:

= 2340 - 2000

= 340

Gain percent would be:

= Gain / Cost price × 100

= 340/2000 × 100

= 17%