A shopkeeper bought 1000 glass tumblers at Rs 8 each. 100 glass tumblers were broken and he sold the rest at Rs 10 each. Find his gain or loss percent. (step by step)
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1000 glass tumblers
price of 1 glass ₹8
100 glass tumblers were broken
remaining= 1000-100=900
900×10 = ₹ 9000
1000×8 =8000
gain or loss = 9000-8000= ₹ 1000 gain
1000/8000 × 100 = 12.5%
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