A shopkeeper purchase few articles for rs 49730 he sold 2/7 of them at 15%profit calculate the percent of profit at which he must sell the remaining so that he may gain 10% profit over all
Answers
Answered by
2
Step-by-step explanation:
If he sold 2/3rd of articles for 5% profits then it would be 2/3x5400 = 3600
Profits would be 5x3600/100 = 180 that is 5%
To get an overall gain of 13% would have to sell the remaining 1/3rd of the articles for a profit of x%
The total profit of 13% overall on 5400 is
13/100x5400 = 702
Out of the total 702–180=522 remaining.
(X/100)x1800 = 522
x = 522x100/1800
x = 522/18
x = 29
The remaining 1/3rd has to be sold at a profit of 29% for an overall gain of 13%.
Similar questions