A shopkeeper purchased a book $ 760 and sold it with a profit of 22% Express the profit as a percentage who the selling prices connect to one decimal place
Answers
Answer:
A shopkeeper purchased 70 kg of potatoes for 420 rupees and sold the whole lot for rupees 6.50 per kg. What will be his gain percentage?
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6 Answers

Sourabh Sangle, Mechanical Engineer at BITS Pilani
Answered February 14, 2018
Originally Answered: A shopkeeper purchased 70 kg of potatoes for 420 rupees and sold the whole lot @ rupees 6.50 per kg what will be his gain percent?
Cost Price: The price, at which an article is purchased, is called its Cost Price, abbreviated as C.P.
Selling Price: The price, at which an article is sold, is called its Selling Price, abbreviated as S.P.
Profit or Gain: If S.P. is greater than C.P., the seller is said to have a Profit or Gain.
Profit or Gain = S.P. - C.P.
Profit or Gain Percentage = (Profit or Gain/ C.P.)*100
Here,
C.P. = 420₹ (for 70 Kg of Potatoes)
S.P. = 6.50 * 70 = 455₹
Gain = 455–420 = 35₹
Gain Percentage = (35/420)*100 = 8.33 %
CP = 760
profit =22%
SI = profit + cp
= 22/100 + 760
15.2+11
26.2 ans