A man buys 100 items at ₹20 per items and sells 40% of items at ₹21 per item and est 60%at ₹16 per item. Find his gain or loss percent.
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Answer:
100 items
20₹ per
=200
16₹per item =160
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ǫᴜᴇsᴛɪᴏɴ →
A man buys 100 items at ₹20 per items and sells 40% of items at ₹21 per item and est 60%at ₹16 per item. Find his gain or loss percent.
ᴀɴsᴡᴇʀ →
Cost price of 1 item = 20 Rs
Cost price of 100 items = 100 × 20=2000 Rs
40% of items = (40 /100)×100 =40 items
60 % of items = (60/100) ×100=60 items
selling price of 40 items = 40× 21 =840 Rs
selling price of 12 items = 60 ×12=720 Rs
Total selling price =840 + 720=1560 Rs
Loss =2000 - 1560=440 Rs
loss percentage = (loss/ C.P. )×100
=(440×100)/2000
=22%
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