Question

IL UIT WE WIIUIe transaction.
4. A goldsmith bought 100 g of gold for 54000 from a wholesaler. He then sold it at a gain of 10%
Calculate :
(1) The S.P. of 10 g of gold for the goldsmith.
(i) The S.P. 10 g of gold for the wholesaler if his profit is 8%
(ii)The S.P. 10 g of gold for the wholesaler if his profit is 8%.
​

Answer 1

Answer:

Cost price of 100 gms gold = Rs 54000

Cost price of 10 gms gold =\frac{54000}{100} \times 1010054000×10

Cost price of 10 gms gold =54005400

Gain% = 10%

SP=\frac{CP(100+P\%)}{100}SP=100CP(100+P%)

SP=\frac{5400(100+10)}{100}SP=1005400(100+10)

SP=5940SP=5940

So, the SP of 10g gold for goldsmith is Rs.5940