A man bought a machine for ₹12,775 and paid ₹550 for transporting it to his town. He sold it for ₹14,500. What was his profit

By Mary

A man bought a machine for ₹12,775 and paid ₹550 for transporting it to his town. He sold it for ₹14,500. What was his profit

About the author
Mary

2 thoughts on “A man bought a machine for ₹12,775 and paid ₹550 for transporting it to his town. He sold it for ₹14,500. What was his profit”

  1. [tex] \: \huge\sf\underline \pink{\underline{Answer}}[/tex]

    C.P. of The Machine

    [tex] = ₹12,775[/tex]

    Transportation cost

    [tex] = ₹550[/tex]

    Overhead expenses are added to the cost price.

    So, Total cost price

    [tex] = ₹12,775 + ₹550 = ₹13,325[/tex]

    S.P. of the machine

    [tex] = ₹14,500[/tex]

    Profit = S.P. – C.P.

    [tex] = ₹ 14500 – ₹ 13325 = ₹ 1175[/tex]

    Thus, the man gets a profit of ₹1175

    Reply

Leave a Comment