A shopkeeper purchased 100 notebooks for rupees 20 each however he was not able to sell the 10 notebook since they were damaged remaining notebooks were sold at rupees 25 each find the gain or loss percentage
Answers
Answered by
25
Cost price -100*20-2000
10 notebooks were damaged so he sold 90 notebooks
Selling price-90*25-2250
As SP>CP
Therefore we can conclude it’s a profit.
Profit -2250 -2000-250
Profit percentage-250*100/2000
Ans is gain percentage 12.5%
10 notebooks were damaged so he sold 90 notebooks
Selling price-90*25-2250
As SP>CP
Therefore we can conclude it’s a profit.
Profit -2250 -2000-250
Profit percentage-250*100/2000
Ans is gain percentage 12.5%
Similar questions