Q. 34.4( 44 Votes )
A trader purchase
Answer :
Price of 1st type tea = 200/kg
Quantity = 70 kg
Amount = 200 x 70
= 14000
Price of 2nd type tea = 250/kg
Quantity = 30 kg
Amount = 250 x 30
= 7500
Total amount = 7500+14000
= 21500
Tax = 4%
Tax amount =
= 860
Net amount for tea = total amount + tax
purchase (CP)
= 21500+860
= 22360
Total quantity for sale = 100 kg
Rate of selling = 240/kg
Total amount of sale (SP) = 240 x 100
= 24000
Overall Profit/Loss = SP– CP
= 24000-22360
Profit = 1640
Profit %
= 7.33%
∴ Profit % is 7.33 %
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