a bookseller buys 500 pencil at rupees 4 each he sells 300 of them at rupees 5 each and the rest at rupees 6 each find his gain percent
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A bookseller's profit is 35%.
Explanation:
Given:
A bookseller buys 500 pencil at rupees 4 each he sells 300 of them at rupees 5 each and the rest at rupees 6 each
To find:
Find his gain percent
Solution:
He brought 500 pencils at 4 each
He sold 300 at Rs.5,
Rest of the pencils = 500 – 300= 200 were sold at 6 rupees each,
The total pencils were sold at = 1500 + 1200 = 2700.
He gained 700 rupees, hence
x = 35%
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the bookseller profit = 35%
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