Question

A retailer bought 1000 glass tumblers at rs 80 each.50 glass tumblers were broken and he sold the rest at Rs 96 each .find his profit or loss percent​

Answer 1

Explanation:

Soln

Given

Cp of 1 glass tumbler=80.1000

=Rs 80000

Number of broken glass tumbler=50

Number of remaining glass tumbler=1000-50

=950

Sp of one glass tumbler=96

Sp of 950 glass tumbler=96.950

=91200

Now

Sp > Cp so it is profit

Profit%=sp-cp/cp.100

=91200-80000/80000.100

=11200/80000.100

=14%

Answer 2

14%profit

Explanation:

Cost of 1000 tumblers=1000×80=80,000

50 of them were broken: 1000-50=950

: He sells 950 tumblers of rs.96 each= ( 950×96)

S.P=91200

We can clearly see he gains for rs.11200.

P%=gain/C.P×100

11200×80000×100

=14%