azad bought toys worth Rs 75,000 for his toy shop.he spent some money for transportation,rent for his shop and the salary for the salesman.If he made a profit of 10% on his real expenses (cost overhead expenses) which was Rs 9,000 ,calculate his overhead expenses
Answers!
Let the overhead charges be 'x'
C.P of toys is Rs.75000
With overheads it becomes 75000+x Rs
S.P=(C.P+Overheads)+ Profit
Profit
= 0.1*(C.P+Overheads)
= 0.1*(75000+x) rs
Given that profit is 9000 rs
=> 0.1(75000+x) = 9000
=> 75000+x = 9000/0.1
=> 75000+x = 90000
=> x = 90000 - 75000
=> x = 15000 rs
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Answer the question...
Let the overhead charges be 'x'
C.P of toys is Rs.75000
With overheads it becomes 75000+x Rs
S.P=(C.P+Overheads)+ Profit
Profit
= 0.1*(C.P+Overheads)
= 0.1*(75000+x) rs
Given that profit is 9000 rs
=> 0.1(75000+x) = 9000
=> 75000+x = 9000/0.1
=> 75000+x = 90000
=> x = 90000 - 75000
=> x = 15000 rs
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