A Shopkeeper purchased 400 glasses for ₹20 each. During transportation 10 glasses were broken. The remaining were sold
At ₹24 each . Find the gain or loss %
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Cp of 400 glasses is 20 each
Cp of 1 glass is 20rs
10 glasses were broken during transportation = 400-10 = 390
Now cp of 390 glass = 390*20=7800
Now he sells 390 glasses for for rs 24 each so now cp of 390 glasses = 390*24 = 9560 rs
Hence there is a gain
Gain = Sp-cp
=9560 -7800 = 1760
Hence gain is 1760 rs
Gain % = (Gain / CP) * 100
Gain % = ( 1760/7800) *100=22.564%
Hope this helps:-)
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