A shopkeeper bought 24 chairs @ rupees 450 per chair is sold 16 of them @ rupees 600 per chair and the remaining @ rupees 400 purchase find his gain or loss percentage
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Answered by
23
Answer:
18.51%
Step-by-step explanation:
total chairs =24
total cost price = 24 x 450 =10800 RS
selling price of 16 chairs = 16 x 600 = 9600 RS
now remaining chairs = 24 - 16 = 8
cost of remaining chairs = 400 x 8 = 3200
total selling price= 9600+3200= 12800
there fore he had profit
profit = selling price-cost price
= 12800-10800=2000rs
profit percentage= profit x 100 ÷ cost price
= 18.51%
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