A whole sale dealer purchased goods worth ₹160000 from a manufacturer. He spent ₹4000 on transporting the goods to his store. The total amount which he received on selling all the items was ₹205000. Find his gain or loss percent.
Answers
Answer:
okay your answer is downside
Step-by-step explanation:
firstly add all the money spent by dealer that is 160000+4000=164000; so it's cp will be 164000 and its it's sp will be 205000 so to it is profit then subtract cp from sp (sp-cp)(205000-164000) that means its profit is 41000
its profit is 41000 then p%= p/cp*100
41000/164000*100
=41/64*100
so, 41*100/64=64.0625%
Answer:
The gain percent in the transaction was 25.
Step-by-step-explanation:
We have given that,
- Cost price of goods = ₹ 160000
- Cost of transporting goods = ₹ 4000
- Selling price of goods = ₹ 205000
We have to find the gain or loss percent.
Now,
Total cost price = Cost price of goods + Cost of transporting goods
⇒ Total cost price = ₹ 160000 + ₹ 4000
⇒ Total cost price = ₹ 164000
And
Selling price = ₹ 205000
∴ Selling price > Cost price
∴ There was gain in the transaction.
Now, we know that,
Gain = Selling price - Cost price
⇒ Gain = ₹ 205000 - ₹ 164000
⇒ Gain = ₹ 41000
Now, we know that,
∴ The gain percent in the transaction was 25.