Multiple choice

A shopkeeper purchased 200 bulb for Rs. 10 each .However 5 bulbs were fused and had to be thrown away.The remaining were sold at Rs.12 each.What will be the percentage profit?

  1. 25

  2. 15

  3. 13

  4. 17

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Total cost = 200 × Rs 10 = Rs 2000. Only 195 bulbs could be sold at Rs 12 each, so revenue = 195 × Rs 12 = Rs 2340. Profit = Rs 2340 - Rs 2000 = Rs 340. Percentage profit = (340/2000) × 100 = 17%.