A shopkeeper purchased 150 identical pieces o | vedclass

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Question

(C) Total cost price of $150$ pieces of furniture $= 150 	imes 250 = Rs. 37500$.Total packing charges $= Rs. 2500$.Total investment (Total Cost Price

Vedclass · Accepted Answer

$14$

Vedclass · Answer

(C) Total cost price of $150$ pieces of furniture $= 150 	imes 250 = Rs. 37500$.Total packing charges $= Rs. 2500$.Total investment (Total Cost Price) $= 37500 + 2500 = Rs. 40000$.Cost price per piece $= \frac{40000}{150} = Rs. \frac{800}{3}$.Marked price per piece $= Rs. 320$.Discount $= 5 \%$ of $320 = \frac{5}{100} 	imes 320 = Rs. 16$.Selling price per piece $= 320 - 16 = Rs. 304$.Profit per piece $= 304 - \frac{800}{3} = \frac{912 - 800}{3} = Rs. \frac{112}{3}$.Profit percentage $= \left( \frac{	ext{Profit}}{	ext{Cost Price}} ight) 	imes 100 = \left( \frac{112/3}{800/3} ight) 	imes 100 = \frac{112}{800} 	imes 100 = \frac{112}{8} = 14 \%$.

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