a shopkeeper bought 550 toy kids at a rate of 30 paise each . He spent 15 for transportation. A packet containing 20 toys was lost on the way . he sold the remaining 5 for 2 . Find his gain or loss percent.
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Answer:
17.77%
Shopkeeper bought 550 toy at rate of 30 paisa each
hence,
total amount spent on toy= 550*30 = 16500 paisa = 165 Rs.
He spent 15 Rs. on transport
Now total spend amount = 165+15 = 180 Rs.
He lost 20 toys in transportation ,
Now he have = 550-20= 530 toys
Selling price = 2 Rs for 5 toys
=> 1 toy price = 2/5 Rs.
Hence, 530 toys price = 530 ×\frac{2}{5}
5
2
=> 212 Rs.
Gain / Profit = 212-180 = 32 Rs.
Gain percent = \frac{32}{180}
180
32
* 100
=> 17.77 %
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