Question 91

Hari bought a cardboard for Rs.18000 and spent Rs.5000 on transport and Rs.2000 on labour. He made 500 boxes and sold them at Rs.60 per box. What was his profit percentage?

Solution

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His total expenditure= $$18000+5000+2000=25000\ Rs.$$

Total Selling price= $$500\times60=\ 30000\ Rs.$$

Profit percentage = $$\frac{30000-25000}{25000}\times100=20\ \%.$$

A is correcr choice.

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