at a furniture shop 24 tables were bought at the rate of rupees 450 per table the shopkeeper sold 16 of them at the rate of rupees 600 per table and the remaining at the rate of rupees 400 per table find his gain or loss percent
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SOLUTION :-
Cost price of 1 table =Rs.450
Hence, cost price of 24 tables =24×450=Rs.10800
Selling price of 16 tables =16×600=Rs.9600
Selling price remaining tables (8)
=8×400=Rs.3200
Selling price of 24 tables =9600+3200=12800
Here, S.P.>C.P.
Therefore, gain of =12800−10800=Rs.2000
Gain%=
10800
2000
×100=18.5%
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