A man buys 50 pencils at ₹3 each, and sells them at ₹4 each. Calculate his total gain and his gain%
Answers
Answered by
1
Step-by-step explanation:
Total CP= 50×3=₹150
SP= 50×4=₹200
Gain=₹50
Gain%= 50/150 × 100= 100/3%=33.33%
Answered by
0
Answer:
33⅓%
Step-by-step explanation:
No of pencils he buys = 50
Cost of each pencil he bought = ₹3
Cost of all pencils he bought = ₹(50 × 3) = ₹150
So CP = ₹150
Cost of each pencil he sold = ₹4
Cost of all pencils he sold = ₹(50 × 4) = ₹200
Profit = SP - CP
= ₹(200 - 150) = ₹50
Profit% = Gain/CP × 100
= 50/150 × 100
= 100/3 = 33⅓%
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