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A shopkeeper purchased 200 bulbs for "Rs...

A shopkeeper purchased `200` bulbs for `"Rs. 10"` each. However `5` bulbs were fused and had to be thrown away. The remaining were sold at `"Rs. 12"` each. Find the gain or loss `%`.

Text Solution

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The cost price of `200` bulbs in rupees ` = 200xx10 = 2000`
As `5` bulbs were fused, the total number of bulbs that were sold `= 200-5 = 195`
Selling price of all `195` bulbs in rupees `=195xx12 = 2340`
So, Profit in rupees` = 2340-2000 = 340`
So, `%` profit `= 340/2000xx100 = 17%`
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