The Jijamata Women’s Saving Group bought raw materials worth Rs 15000 for making chakalis. They sold the chakalis for Rs 22050. How much profit did the WSG make?
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The Jijamata Women’s Saving Group bought raw materials worth Rs 15000 for making chakalis. They sold the chakalis for Rs 22050. How much profit did the WSG make?
The Jijamata Women’s Saving Group bought raw materials worth Rs 15000 for making chakalis. They sold the chakalis for Rs 22050. How much profit did the WSG make?
Cost price of raw materials = Rs 15000
Selling price of chakalis = Rs 22050
∴ Profit = Selling price – Cost price
= 22050 – 15000 = Rs 7050
∴ The Women’s Saving Group made a profit of Rs 7050.