Ahmed purchased 100 hens for 8000. He sold 20 of them at a profit of 5%. For how much
gain percent
should he sell the rest of hens so that he may make a profit of 20% on the whole transaction.
Answers
Question:
Ahmed purchased 100 hens for 8000. He sold 20 of them at a profit of 5%. For how much gain percent should he sell the rest of hens so that he may make a profit of 20% on the whole transaction.
Solution:
Step 1 :
It is given that , Ahmed purchased 100 hens for Rs. 8000.
So , let's find the cost of 1 hen ,
So , the cost of 1 hen is,
So , the cost of 1 hen will be Rs. 80
Step 2:
It is given that , Gain of 5% on Rs. 80 ,
which is
Therefore , he sold 20 hens at Rs. 84.
Total ruppes he got ,
Therefore , by selling 20 hens , he got Rs. 1680
Step 3 :
It is been asked , that we need total on 20% gain on Rs. 8000
Therefore , the total on 20% gain on Rs. 8000 is 9600.
Step 4 :
Now ,
We need , to find total on the last 80 hens,
which is ,
Therefore, the total on last 80 hens is 7920.
Here , you originally paid (80) × (80) = 6400 for those hens.
Step 5 :
We need to divide,
Hence, Ahmed need 23.75% gain on the remaining hens.