Worksheet on the application of overhead Expenses

From the previous topic of overhead expenses we have learnt about overhead expenses that these are the expenses which the trader or dealer has to pay for maintenance, transportation, etc. for the products that they buy from retailer. 

Now, let us solve some examples based on the application on of overhead expenses:

1. A trader from India purchases a washing machine at a price of Rs9,000 and pays Rs1,500 on its maintenance and transportation. He then sells it for Rs12,000 to a customer. Find the profit/loss faced by him. Also, find the percent for the same


2. A trader from Canada buys 2 television sets for $1000 and $1500 respectively. He spends $100 on the overall transportation of the sets. He then sells them in Canada for $1,500 and $1,200 respectively. Find the overall profit/loss faced by the trader. Also, find the percent for the same.

3. A trader from Sydney buys some products from New York at price of $25,000 and takes them back to Sydney by paying $1,000. There he sells them for $28,000. Find the overall profit/loss faced by the trader. Also, find the percent for the same.


4. A shopkeeper buys 15 books for Rs200 each and the overhead expenses were Rs50 per book. If he makes Rs20 profit on each book. Determine the selling price of each book.


5. A trader buys 20 electronic gadgets for $100 each. He spends $5 as overhead expenses for each gadget. He faces a loss of $10 on each of these gadgets. Determine the selling price of each gadget.


6. A shopkeeper bought books for $500 and spent $5 on their packaging. He sells them for $600. Find the profit/ loss percent faced by him.


7. A trader from US bought some appliances for $20,000. He spends $500 on its transportation. He sells them at a profit of 10%. Find the selling price and profit gained by the trader.


8. A shopkeeper purchases some products from a retailer for Rs50,000. He spends Rs1,500 on the maintenance of the products. He then sells them for Rs55,000. Determine the profit/loss. Also, find the percent for the same.


Answers for the worksheet on the application of overhead expenses are given below:


Answers:

1. Profit = Rs 1,500

Profit percent = 14.28%


2. Profit = $100

Profit percent = 3.84%


3. Profit = $2,000

Profit percent = 7.69%


4. Profit = Rs 300

Profit percent = 8%


5. Selling price = $95.


6. Profit = $95

Profit percent = 18.81%


7. Selling price = $22,550

Profit = $2050


8. Profit = Rs 3,500

Profit percent = 6.79%





9th Grade Math

From Worksheet on the application of overhead Expenses to HOME PAGE




Didn't find what you were looking for? Or want to know more information about Math Only Math. Use this Google Search to find what you need.



New! Comments

Have your say about what you just read! Leave me a comment in the box below. Ask a Question or Answer a Question.




Share this page: What’s this?

Recent Articles

  1. Conversion of Rupees and Paise | How to convert rupees into paise?

    Feb 12, 25 02:45 AM

    Conversion of Rupees and Paise
    We will discuss about the conversion of rupees and paise (i.e. from rupees into paise and from paise into rupees). How to convert rupees into paise? First we need to remove the point and then remove

    Read More

  2. Writing Money in Words and Figure Worksheet With Answers | All Grades

    Feb 12, 25 02:30 AM

    In writing money in words and figure worksheet we will get different types of questions on expressing money in words and figures, write the amount in short form (in figures) and write the amount in lo…

    Read More

  3. Writing Money in Words and Figure | Rules for Writing Money in Words

    Feb 12, 25 01:59 AM

    Rules for writing money in words and figure: 1. Abbreviation used for a rupee is Re. and for 1-rupee it is Re. 1 2. Rupees is written in short, as Rs., as 5-rupees is written as Rs. 5

    Read More

  4. Worksheet on Money | Conversion of Money from Rupees to Paisa

    Feb 11, 25 09:39 AM

    Amounts in Figures
    Practice the questions given in the worksheet on money. This sheet provides different types of questions where students need to express the amount of money in short form and long form

    Read More

  5. Worksheet on Measurement | Problems on Measurement | Homework |Answers

    Feb 10, 25 11:56 PM

    Measurement Worksheet
    In worksheet on measurement we will solve different types of questions on measurement of length, conversion of length, addition and subtraction of length, word problems on addition of length, word pro…

    Read More