Question

a dealer bought 18 chairs for ₹300 each. he sold 12 of them at ₹400 each and 6 of them at ₹250 each. find his gain or loss percent.

Answer 1

Hey Mate! ♧♧__________♢♢♢________♧♧♧

CP of 1 chair = Rs 300

CP of 18 chairs = Rs 300 × 18
= Rs 5400

SP of 12 chairs = 12 × Rs 400
= 4800

SP of 6 chairs = 6 × Rs 250
= Rs 1500

TOTAL SP = Rs ( 4800 + 1500 )
= Rs 6300

Profit = Rs ( 6300 - 5400 )
= Rs 900

Profit % = ( 900/5400 × 100 )%
= ( 100/6 ) % or 16.66%

Hope it helps☺!✌

Answer 2

✬ Gain % = 16.67 % ✬

Step-by-step explanation:

Given:

• A dealer bought 18 chairs for Rs 300 each.
• He sold 12 chairs at Rs 400 each.
• He sold remaining 6 chair at Rs 250 each.

To Find:

• What is the gain or loss percent made by the dealer ?

Solution:

• Total cost price of 18 chairs = Cost of each chair x 18

$\small\implies{\sf }$ C.P of 18 chairs = Rs (300 x 18)

$\small\implies{\sf }$ C.P of 18 chairs = Rs 5400

• Selling price of 12 chairs = Selling price of each chair x 12

$\small\implies{\sf }$ S.P of 12 chairs = Rs (400 x 12)

$\small\implies{\sf }$ S.P of 12 chairs = Rs 4800......(1)

• Selling price of remaining 6 chairs = Selling price of each chair x 6

$\small\implies{\sf }$ S.P of 6 chairs = Rs (250 x 6)

$\small\implies{\sf }$ S.P of 6 chairs = Rs 1500.......(2)

★ Total Selling price of 18 charis= Equation(1 + 2) ★

$\small\implies{\sf }$ Total S.P = Rs (4800 + 1500)

$\small\implies{\sf }$ Total S.P = Rs 6300

On comparing both S.P and C.P we got

→ S.P > C.P { Hence, there is gain }

∴ Gain = S.P – C.P = Rs(6300 – 5400) = Rs 900

★ Gain % = (Gain/C.P x 100) % ★

$\small\implies{\sf }$ Gain % = (900/5400 x 100) %

$\small\implies{\sf }$ Gain % = (900/54) %

$\small\implies{\sf }$ Gain % = 16.66 % or 16.67 % approx

Hence, the dealer made a gain of 16.67%