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

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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