Davinder bought 2000 balls for Rs. 6000 and sold 200 of these at a gain 5%. At what percent he must sell the remaining balls so as to gain 15% on the whole transaction
Answers
Step-by-step explanation:
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He must sell the remaining balls at 16.11% profit.
Step-by-step explanation:
Since we have given that
Number of balls = 2000
Cost = Rs. 6000
Number of balls out of 2000 sold at a gain of 5% = 200
So, we need to find the percentage at which he must sell the remaining balls to gain 15% on whole transaction.
So, by using "Mixture and Allegations", we get that
5% x
15%
--------------------------------
x-15 : 15 - 5
x-15 : 10
According to question,
Hence, he must sell the remaining balls at 16.11% profit.
# learn more:
Manish Bought 1000 pencils for rs 3000 and sold 200 of these at a gain of 5%. at what gain percent he must sell the remaining pencil so as to gain 15% on the whole transaction?
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