a shopkeeper bought wheat for 35000.due to leakage in the godown 1/7of the total wheat was spoiled. he sold the good wheat at a gain of 10%and the spoiled wheat at a loss of 25%.find his total gain or loss percent.
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132
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Total quantity = 35000
.
Find amount remaining after leakage:
leakage = 1/7 x 35000 = 5000
Remaining = 35000 - 5000 = 30000
.
Amount earned from the good wheat:
10% Gain = 10% x 30000 = 0.1 x 30000 = 3000
Total gain = 30000 + 3000 = 33 000
.
Amount gain from the spoilt wheat:
25% loss = 25% x 5000 = 0.25 x 5000 = 1250
Total wheat sold = 5000 - 1240 = 3750
.
Find total amount :
Total amount = 33 000 + 3750 = 36750
.
Find gain percentage:
Gain = 36750 - 35000 = 1750
Gain percentage = 1750/35000 x 100 = 5%
Answer: The gain was 5%
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