. In a furniture shop, 24 tables were bought at the rate of 450 per table. The
shopkeeper sold 16 of them at the rate of 600 per table and the remaining at the
rate of 400 per table. Find his gain or loss percent.
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Answer:
18.5%
Step-by-step explanation:
24 × 450 = 10800
16 × 600 = 9600
remaining = 24 - 16 = 8 tables
8 × 400 = 3200
total sales = 9600 + 3200 = 12800
12800/10800 = 1.1851851852
which represents a gain of 18.5%
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