. A shopkeeper bought locks at the rate of 8 locks for 34 and sold them at the rate of 12 locks for 57
Calculate:
(i) his gain per cent, and
(ii) the number of locks he should sell to earn a profit of 45.
Answers
Answered by
5
Answer:
cost price for a lock = 34
____ = 4.25 rupee.
8
1 lock selling price = 57
_____= 4.75
12
Profit = 4.75 * 4.25 = 0. 50
Profit%= 0.50 / 4.25 * 100 = 11.76
Profit is 0.50 for a lock
when selling two lock we get 1 rupees
To get 45 RS profit = 2*45 = 90
90 locks.
Answer..
Similar questions