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# A Retailer Buys a Radio for Rs 225. His Overhead Expenses Are Rs 15. If He Sells the Radio for Rs 300, Determine His Profit Percent. - Mathematics

Answer in Brief

A retailer buys a radio for Rs 225. His overhead expenses are Rs 15. If he sells the radio for Rs 300, determine his profit percent.

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#### Solution

$\text { Radio costs = Rs } . 225$

$\text { Overhead expenses = Rs } . 15$

$\text { C . P = Rs } . (225 + 15) = Rs . 240$

$\text { S . P = Rs } . 300$

$\text { Profit = SP - CP }$

$= Rs . (300 - 240)$

$= Rs . 60$

$\text { Profit % } = \frac{\text { Profit }}{C . P} \times 100$

$= \frac{60}{240} \times 100$

$= 25$%

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#### APPEARS IN

RD Sharma Class 8 Maths
Chapter 13 Proft, Loss, Discount and Value Added Tax (VAT)
Exercise 13.1 | Q 5 | Page 11
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