Question

A trader purchases 100 units of an item at Rs 630 per unit. He sells 45 units at the rate of Rs 665 per unit, 35 units at the rate of Rs 650 per unit and remaining at the rate of Rs 635 per unit. Find his total gain percentage

Answer 1

Total cp = 630 x100 =63000
Sp of 45 units = 45x 665=29925
Sp of 35 units =35x 650 =22750
Sp of remaining(20 units) = 20x 635=12700
Total sp =29925+22750+12700=65375
Profit = 65375-63000=2375
Gain %= (2375/63000)x 100=3.8%