A grocer bought sugar worth rs 4500. He sold third of it at a gain of 10 %.At what gain per cent must the remaining sugar be sold to have a gain of 12 % on the whole.
Answers
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Answer:
Gain percent of the remaining sugar is 13%.
Step-by-step explanation:
Given : A grocer bought sugar worth rs 4500. He sold third of it at a gain of 10 %.
To find : At what gain per cent must the remaining sugar be sold to have a gain of 12 % on the whole?
Solution :
The cost price of the sugar is Rs.4500.
He sold third of it at a gain of 10 %.
The cost price of one-third of sugar is
The selling price is
The selling price of one-third of the sugar is Rs.1650.
Profit = SP-CP
Profit = 1650-1500
Profit =Rs.150
Gain of 12% on the whole.
The selling price of the whole is
The selling price of the whole is Rs.5040.
Profit = SP-CP
Profit = 5040-4500
Profit = Rs.540
Profit of remaining sugar = 540 - 150 = 390.
Cost price of remaining sugar = (4500 - 1500) = 3000.
Gain percentage is given by,
Therefore, Gain percent of the remaining sugar is 13%.