a person buys 561 articles at 3200. he sells 5/11 part of the articles at 27% loss. At what % profit he should sell remaining articles so he will get nwither loss or gain?
Answers
Step-by-step explanation: 22.63%
A person buys 561 articles at Rs 3200.
Cost of each article is Rs 3200/561 = Rs 5.70
He sells 5/11 th part of 3200.
That is 5/11 of 3200 = 255 articles.
He sells 255 articles at a loss of 27%.
∴ He sells them at Rs 5.70-27% = Rs 4.16 per article.
The selling price of 255 units is Rs 4.16× 255 = Rs 1060.80
Balance article is 561 - 255 = 306 articles.
The amount at which the remaining articles has to be sold is Rs 3200- Rs 1060.8 = Rs 2139.20
The buying price of each article is Rs 3200/561 = Rs 5.70
The balance article selling price per unit would be Rs 2139.2/306 = Rs 6.99
∴ The profit is Rs 6.99- Rs 5.70 = Rs 1.29.
Percentage profit = Profit/Cost price ×100
= 1.29/5.7 ×100
= 22.63% .
Hope this helps.
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https://brainly.in/question/9266811
Given:
- Person buys 561 articles for Rs 3200.
- He sells 5/11 part of the articles at a loss of 27%.
To find :
The profit % at which he will sell remaining articles so he will get neither loss nor gain.
Solution :
∴Price of 561 articles = Rs 3200
⇒price of one article = Rs
= Rs 5.70 :
Now ,the no of particles he sells for 27 % loss =
And the remaining no of particles that he has to sell =
561-255 = 306 :
The cost of 255 particles =
And 27% of Rs 1454.54 =
So the money he got after selling the 255 articles at 27% loss
= Rs (1454.54 - 392 )
= Rs 1061 :
So the amount of money he need now by selling the remaining 306 articles so that he will get neither loss nor profit at all
= Rs (3200 - 1061 )
= Rs 2139 ;
Hence the cost of each particle for the remaining 306 particles
=
∴% profit =
So the required profit % at which he had to sell the remaining particles is 22.4%.