(A) Cost Price $(CP)$ of $245$ pieces of article $= 245 \times 30 = Rs. 7350$.Total $CP$ (including transport and packing) $= 7350 + 980 + 1470 = Rs.

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(A) Cost Price $(CP)$ of $245$ pieces of article $= 245 \times 30 = Rs. 7350$.Total $CP$ (including transport and packing) $= 7350 + 980 + 1470 = Rs. 9800$.$CP$ of $1$ piece $= \frac{9800}{245} = Rs. 40$.Selling Price $(SP)$ of $1$ piece $= Rs. 50$.Profit $= SP - CP = 50 - 40 = Rs. 10$.Profit $\% = \left( \frac{\text{Profit}}{CP} \right) \times 100 = \left( \frac{10}{40} \right) \times 100 = 25 \%$.

Competitive Quantitative Aptitude Profit and Loss Profit and Loss

Medium

$A$ shopkeeper purchased $245$ pieces of an article at $Rs. 30$ per piece. He spent $Rs. 980$ on transport and $Rs. 1470$ on packing the articles. He sold the articles at the rate of $Rs. 50$ per piece. What is the percent profit earned?

A
$25$
B
$20$
C
$28$
D
$22.5$

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Profit and Loss

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Profit and Loss

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$A$ shopkeeper purchased $245$ pieces of an article at $Rs. 30$ per piece. He spent $Rs. 980$ on transport and $Rs. 1470$ on packing the articles. He sold the articles at the rate of $Rs. 50$ per piece. What is the percent profit earned?

Similar Questions

$A$ man sold a cow at a loss of $12 \%$. If he had sold it at a gain of $6 \%$,he would have received $₹ 72$ more. What was the cost price of the cow?

$A$ shopkeeper fixes the marked price of an item $35 \%$ above its cost price. The percentage of discount allowed to gain $8 \%$ is......$\%$

$A$ man purchased $120$ reams of paper at $Rs. 80$ per ream. He spent $Rs. 280$ on transportation,paid octroi at the rate of $40$ paise per ream,and paid $Rs. 72$ to a porter. In order to gain $8\%$ profit,he must sell each ream of paper for (in $Rs.$):

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