a man buys a certain number of article at 15 for Rupees 112.50 and sells them at 12 for rupees 108 find his gain percent and also find the number of sold to make a profit of rupees 75
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Answer:
20% is the gain and the number articles to be sold =50
Step-by-step explanation:
So,CP of each article = 112.50÷15 rupees=7.50 rupees
SP of each article = 108÷12= 9 rupees
So, gain in each article = (9 - 7.50)rupees= 1.50 rupees
So, gain = (1.50÷7.50)×100%=20%
Now, to make 75 rupees gain, the number of articles required to be sold
= (75÷1.50)= 50
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