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
[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
Answer:
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[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