Question

Akhil bought 1600 mangoes at 3.75 a dozen. He sold 900 of them at 2 for? 1 and the remaining at 5 for 2. Find his gain or loss percent.​

Answer 1

Answer:

46%

Step-by-step explanation:

Total cost price of 1600 mangoes = 1600 x 3.75 /12  =  500

Selling price of 900 mangoes at the rate of 2 mangoes for Re.1 = 900/2 X 1 = 450

Selling price of remaining 700 mangoes at the rate of 5 mangoes for Rs.2  = 700/5 X 2 = 280

Total selling price = 450 + 280 = 730

Here, S.P.>C.P.

So, Profit = S.P. - C.P. = 730 - 500 = 230

Profit percent = Profit / C.P. X 100%

    = 230/500 X 100% = 46%

Thanks