Question

a man sells 12 candies for rs.2.40 . if he sells 12 candies for rs.16,how much does he gain or lose?

Answer 1

Step-by-step explanation:

Suppose, quantity sold is 12 candles.

Selling price is Rs.12. Cost price is Rs.252. Loss % = 24000/252

Had he sold it for Rs.15, loss % is 23700/252.

If quantity sold is 24 candles total sales is Rs.24. Total cost is Rs.264. Loss % = 24000/264.

Had he sold it for Rs.30, loss % is 23400/264.

If quantity sold is 1200 the selling price is Rs.1200. Total cost is Rs.1440. Loss %= 24000/1440.

Had he sold it for Rs.1500 the gain is Rs.60. Gain % = 6000/1440.

It implies that as the number of goods sold increases the loss decreases.