Question

A shopkeeper purchased 20 cricket bat for 3600 and sold 210 at the rate of per bat. What his profit or loss

Answer 1

$<b>Heya mate. (^_-). Solution below.$
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$<u>The Question -</u>$

A shopkeeper purchased 20 cricket bat for 3600 Rs. and sold them at the rate of 210 Rs. per bat. What is his profit or loss%?

$<u>Solution -</u>$

Total cost price (C.P) of 20 bats = Rs. 3600


Selling price (S.P) of 1 bat = Rs. 210

=> S.P. of 20 bats

= Cost of 1 bat × 20

= 210 × 20

= 4200


Then, clearly S.P. > C.P.
So, gain/profit is made.


Now, gain

= S.P. - C.P.

= 4200 - 3600

= 600


Then, gain %

= Gain/C.P × 100

= 600/3600 × 100

= 600×100/3600

= 100/6

= 16.66% (approx).

$<marquee>Hence, the shopkeeper makes a gain of 16.6%.</marquee>$
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Thank you.. ;-)