Question

A man buys 50 balloons at ₹3 each and sells them at ₹4 each what is his total gain and find his gain per cent

Answer 1

Answer:

The Profit% is 33.33%

Step-by-step explanation:

Cost price of 1 balloon = €3

Cost price of 50 balloons =  

Selling price of 1 balloon =  €4

Selling price of 50 balloon =

SP>CP

So, Profit

Profit = SP - CP = 200 - 150 = 50

Profit% =  

Profit%=  

Hence The Profit% is 33.33%

Answer 2

➤ Given :-

Cost price of each balloon :- ₹ 3

Selling price of each balloon :- ₹ 4

➤ To Find :-

Total gain and gain percentage...........

➤ Formulas required :-

$\tt \large \orange{ \boxed{ \tt \gray{Total \: Selling \: price - Total \: Cost \: price}}}$

$\tt \large \orange{ \boxed{ \tt\gray{ \dfrac{Total \: Profit}{Total \: Cost \: price} \times 100 }}}$

➤ Solution :-

Total cost price of 50 balloons :-

$\tt \longrightarrow50 \times 3$

$\tt \longrightarrow ₹150$

Total selling price of 50 balloons :-

$\tt \longrightarrow50 \times 4$

$\tt \longrightarrow₹200$

Total gain of 50 balloons :-

$\tt \longrightarrow200 - 150$

$\tt \longrightarrow₹50$

Now,

Gain percentage :-

$\tt \longrightarrow \dfrac{50}{150} \times 100$

$\tt \longrightarrow \cancel \dfrac{50}{150} \times 100 = \dfrac{1}{3} \times 100$

$\tt \longrightarrow \dfrac{1 \times 100}{3} = \dfrac{100}{3}$

$\tt \longrightarrow \cancel \dfrac{100}{3} = 33.3 \bf\%$

$\Huge\therefore$The gain percentage is 33.3$\bf\%$.

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$\dashrightarrow$Some related formulas :-

Profit :- $\boxed{\tt SP-CP}$

Loss :- $\boxed{\tt CP-SP}$

Profit percentage :- $\boxed{\tt Profit \div CP \times 100 }$

Loss percentage :- $\boxed{\tt Loss \div CP \times 100}$