Question

Kusum bought 50 glasses for rs 1500 out of which 4 were broken if she sold the rest of the glasses for rs 35 each how many profit or loss percent did she bear​

Answer 1

7.3%

Explanation:

Cost for 50 glasses = ₹1500 -----> Cost Price (C.P)

Cost per glass = 1500/50 = ₹30

Here, 4 glasses break. So, she now has

50-4 = 46 glasses

She sold 46 glasses for ₹35 each,

Money earned = 46x35 = ₹1610 -----> Selling Price (S.P)

Since S.P > C.P,

she made a profit = 1610-1500 = ₹110

Profit% = Profit/Cost Price x 100

= 110/1500 x 100

= 7.3%