A shopkeeper bought 50 Tennis rackets for 200 rupees each he sold 30 recquets for 230 each at what rate per racquet should be sell the remaining stock to gain thousand rupees on the full transaction
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Answer:
his investment=50×200=10000
he sold 30 rackets for 230 each
therefore he got =30×230=6900
as per condition his profit should be Rs. 1000
thus, total earning should be=investment +1000=11000
thus, more earning needed =11000-6900=4100
remaining rackets are 20 thus eack racket should be sold for= Rs. 4100/20=205
thus percent at which he should sell remaining rackets =SP-CP/(CP) ×100=5/(200) ×100=2.5%
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