Question

a dealer bought 80 cricket bat for ₹50 each. he sells 20 of them at a gain of 5%. at what gain percentage of the remaining bats so as to gain 10% on whole?​

Answer 1

Answer:

The loss percent is 2%

Step-by-step explanation:

Cost Price = quantity × cost of each bat

= 80 × 50

= Rs. 4000

No. of bats sold = 10% of 80(total bats)

= 10/100 x 80

= 8 bats

S.P. of 8 bats = 8 x Rs. 40

= Rs. 320

S.P. of 72 bats= 72(remaining bats) x

Rs.50

= Rs. 3600

Total S.P. = Rs. 3600 + Rs.320-3920/

Loss = S.P. - C.P.

= Rs. 4000 - Rs. 3920

= Rs. 80

Loss Percent= Loss/c.p.x 100

= 80/4000 × 100

= 2%