Question

A shopkeeper purchased 15 chair for Rs 450 each.he sold 12 of them at Rs.512 each and 3 of them at Rs.427 each.Find his gain or loss percent ?​

Answer 1

Answer:

Step-by-step explanation:

TOTAL MONEY SPEND ON 15 CHAIRS=15*450= 6750 RS.

MONEY HE GOT FOR 12 CHAIRS= 12* 512= 6144 RS.

MONEY HE GOT FOR 3 CHAIRS= 3*427= 1281 RS.

MONEY HE GOT FOR ALL CHAIRS=6144+1281= 7425 RS.

SO, THE PROFIT EARNED IS =7425-6750=675 RS.

Answer 2

the price of 15 chair= 15×450= 6750

the price of 12 sold chair=12×512=6144

the price of 3 sold chair=3×427=1281

So,Sp =6144+1281=7425

So,Cp < Sp

So his gain = 7425-6750= 675

Profit% =profit/cp×100

=675/6750×100

=10

Hence, his gain persent is 10%

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