Multiple choice

A man bought a cardboard sheet for $Rs.\,3600$ and spent $Rs.\,100$ on transport. Paying $Rs\,300$ for labour. he had $330$ boxes made, which he sold at $Rs.\,14$ each. Find the profit percent?

  1. $1.1$
  2. $1.9$
  3. $15.5$
  4. $1.13$
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Total cost = 3600 + 100 + 300 = 4000. Total revenue = 330 * 14 = 4620. Profit = 4620 - 4000 = 620. Profit % = (620 / 4000) * 100 = 15.5%.

AI explanation

The total cost price is the sum of the cardboard sheet, transport, and labour, which is 3600 plus 100 plus 300, equalling Rs. 4000. The total selling price for the 330 boxes at Rs. 14 each is 330 multiplied by 14, which gives Rs. 4620. The profit is 4620 minus 4000, equaling Rs. 620, and the profit percentage is 620 divided by 4000 multiplied by 100, resulting in 15.5%.