Question

akhil is a fish vendor.one day he bought 12 kilograms of fish at 140 rupees kilograms.He spent 120 rupees to take this to the shop.4 kilograms of fish were spoilt and he sold the rest at 180 rupees a kilogram.did he gain or lose money in this?what percent​

Answer 1

C.P of 12 kg of fish = 140 * 12 = Rs 1680

Tota C.P = 1680 + 120 = Rs 1700

Since 4 kg fish was spoiled

He sold 8 Kg fish

Total S.p = 8*180 = Rs 1440

Loss = C.p - S.P = 1680 - 1440 = 240

Loss% = Loss* 100 / C.P

= 240* 100 / 1680 = 14.3 %

Answer 2

Answer:

• Akhil had a loss of ₹ 360.
• Akhil's loss% is 20%.

Step-by-step explanation:

Given that:

• Akhil bought 12 kg of fish at ₹ 140/kg.
• Akhil spent ₹ 120 to take the fish to the shop.
• 4 kg of the fish was spoiled.
• Akhil sold rest of the fishes at ₹ 180/kg.

To Find:

• Gain% or Loss%

Solution:

Finding Cost Price:

Cost of 1 kg of fish = ₹ 140

Cost of 12 kg of fish = ₹(140 × 12)

= ₹ 1680

Money spent on the transport = ₹ 120

Total Cost Price (CP) = ₹ (1680 + 120)

= ₹ 1800

----------------------------

Finding Selling Price:

Amount of fish bought = 12 kg

Amount of fish spoiled = 4 kg

Amount of fish remaining = (12 - 4) kg

= 8 kg

Cost at which remaining fish was sold = ₹ 180

Total Selling Price (SP) = ₹(180 × 8)

= ₹ 1440

----------------------------

As,

• CP > SP

Hence,

• It's a loss.

----------------------------

Calculating Loss:

As we know that,

• Loss = CP - SP

Substituting the values,

Loss = ₹(1800 - 1440)

= ₹ 360

----------------------------

Calculating Loss%:

As we know that:

$\sf{\circ\;\;Loss\%=\dfrac{Loss}{CP}\times100}$

Substituting the values,

$\sf{Loss\%=\dfrac{360}{1800}\times100}$

Cutting off the zeros,

$\sf{\longmapsto\dfrac{360}{18\!\!\!\not{0}\!\!\!\not{0}}\times1\!\!\!\not{0}\!\!\!\not{0}}$

$\sf{\longmapsto\dfrac{360}{18}}$

Dividing the numbers,

$\sf{\longmapsto 20}$

Hence, Loss% = 20%.