a dealer bought 30 article, he then sold 20 at a gain of 16% and the rest at 4% loss. what is the percentage gain /loss
Answers
Answered by
1
LET THE CP OF ONE ARTICLE=100
i.e. CP OF 30 ARTICLES=100x30=3000
i.e. CP OF FIRST 20 ARTICLES=100x20=2000
i.e. SP OF FIRST 20 ARTICLES=2000x116/100=2320
i.e. CP OF OTHER 10 ARTICLES=100x10=1000
i.e. SP OF OTHER 10 ARTICLES=1000x96/100=960
i.e. TOTAL SP=2320+960=3280
i.e. PROFIT=3280-3000=280
i.e. PROFIT %=280x100/3000=28/3=9.3%
i.e. CP OF 30 ARTICLES=100x30=3000
i.e. CP OF FIRST 20 ARTICLES=100x20=2000
i.e. SP OF FIRST 20 ARTICLES=2000x116/100=2320
i.e. CP OF OTHER 10 ARTICLES=100x10=1000
i.e. SP OF OTHER 10 ARTICLES=1000x96/100=960
i.e. TOTAL SP=2320+960=3280
i.e. PROFIT=3280-3000=280
i.e. PROFIT %=280x100/3000=28/3=9.3%
Similar questions