Question

A man buys 50 pencils at ₹3 each, and sells them at ₹4 each. Calculate his total gain and his gain%​

Answer 1

Step-by-step explanation:

Total CP= 50×3=₹150

SP= 50×4=₹200

Gain=₹50

Gain%= 50/150 × 100= 100/3%=33.33%

Answer 2

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%