A retailer buys a bottle of holy water for Rs 360. His overhead expenses are Rs 40. He sells is the radio for Rs 480. The profit percent of the retailer is.Question Description : 50%10%20%
Question
A retailer buys a bottle of holy water for Rs 360. His overhead expenses are Rs 40. He sells is the radio for Rs 480. The profit percent of the retailer is.Question Description : 50%10%20%
Solution
The question seems to be a bit mixed up, but I'll assume you're asking for the profit percentage of the retailer on the sale of the holy water. Here's how you can calculate it:
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First, calculate the total cost of the holy water for the retailer. This includes the cost of the holy water itself and the overhead expenses. So, Rs 360 (cost of holy water) + Rs 40 (overhead expenses) = Rs 400.
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Next, find out how much the retailer earns from selling the holy water. According to your question, he sells it for Rs 480.
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Now, subtract the total cost from the selling price to find out the profit. So, Rs 480 (selling price) - Rs 400 (total cost) = Rs 80. This is the retailer's profit.
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To find the profit percentage, divide the profit by the total cost and multiply by 100. So, (Rs 80 / Rs 400) * 100 = 20%.
So, the profit percentage of the retailer is 20%.
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