a shopkeeper bought 25 chair at the rate of rs.500 per chair.he sold 10 of them at the rate of rs.600 per chair and remaining at the rate of rs.300 per chair.find his gain or loss percent
Answers
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%
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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