chhavi bought 60 articles at the rate of rs 80 each article. she sold three fourth of them at the rate of rs 75 each article and the rest at the rate of rs 100 each article. find her gain or loss per cent
Answers
Answer:
The profit percent is 1.56%.
Step-by-step explanation:
The number of articles bought, 60.
Cost price of one article is, Rs. 80.
- Total cost price: CP = 60 × 80 = Rs. 4800
Now Chhavi sold three-fourth of the articles for Rs. 75 each, i.e.
And she sold the remaining for Rs. 100 each, i.e.
- Total selling price: SP = 3375 + 1500 = Rs. 4875
As the selling price is more than the cost price Chhavi incurred a profit.
Determine the profit percent as follows:
Thus, the profit percent is 1.56%.
Answer:
1.5625℅
Step-by-step explanation:
The profit percent is 1.56%.
Step-by-step explanation:
The number of articles bought, 60.
Cost price of one article is, Rs. 80.
• Total cost price: CP = 60 * 80 = Rs . 4800
Now Chhavi sold three-fourth of the articles for Rs. 75 each, i.e.
(60 * 3/4) * 75 = Rs * 0.3375
And she sold the remaining for Rs. 100 each, i.e. (60 - 45) * 100 = Rs * 0.15
Total selling price: SP = 3375 + 1500 = Rs. 4875
As the selling price is more than the cost price Chhavi incurred a profit.
Determine the profit percent as follows:
Profit\%= (Profit)/(CP) * 100 = (SP - CP)/(CP) * 100 = 75/4800 * 100 = 1.5625 \%
Thus, the profit percent is 1.5625℅