A shopkeeper bought 550 toy elephant at the rate of 30 paisa each. He spent Rs 15 on their transportation . A packet containing 20 toys was lost on the way . He sold the remaining at 5 for Rs 2 . find his gain or loss percent.
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His cost price = 550×30 = 16500 Paise = Rs. 165
Transportation cost = Rs. 15
Cost of Lost toy = 20×30 = 600 Paise = Rs. 6
Total cost price = 165 + 15 + 6 = Rs. 186
Now, Selling Price of 5 toys = Rs. 2
S. P. of 1 toy = 2/5
S. P. of 530 toy = 2/5 × 530 = Rs. 212
Profit = 212 - 186 = 26
Profit% = 26/186 × 100 = 13.97 ≈ 14% ✔✔
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Fóllòw Më ❤
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Answer:
He gained 103750
Step-by-step explanation:
purchase price= 550×30paisa= 1650 paisa
transp charges= 15rup ×100= 1500 paisa
total cost= 1650+1500=18000 pais
cost of goods available for sale =1800paisa
sale price /each item= 200paisa
items available for sale= 530
total sale = 530 × 200= 106000 paisa
loss of negligence= -(20×30= 600 paisa)
purchase price = - 1650
Gain = 103750 paisa
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