Q. 74.7( 34 Votes )

# A shop keeper purchased 200 bulbs for Rs. 10 each. However 5 bulbs were fused and put them into scrap. The remaining were sold at Rs. 12 each. Find the gain or loss percent.

Answer :

Number of bulbs purchased at Rs. 10 = 200

Purchase price = 200 × 10 = Rs. 2000

If 5 bulbs were defective, remaining bulbs = 195

Sale price = 12

Sale price of 195 bulbs = 195×12 = Rs. 2340

Profit = sale price – purchase price

= 2340 – 2000

= Rs. 340

= 17%

The gain percent is 17%

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