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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Step-by-step explanation:
Answer:
18.51%
Step-by-step explanation:
CP of 1 table = Rs.450
CP of 24 tables = 450 \times 24 = 10800450×24=10800
The shopkeeper sold 16 of them at the rate of ` 600 per table
SP of 16 table = 16 \times 600 = 960016×600=9600
Remaining tables = 24 - 16 = 8
The shopkeeper sold remaining tables at rate of rs . 400 per table
SP of 8 tables = 400 \times 8 = 3200400×8=3200
SP of 24 tables = 9600+3200=12800
SP > CP
So, profit
Profit = SP - CP = Rs.12800 - Rs. 10800 = Rs. 2000
Profit % = \frac{Profit}{CP} \times 100
CP
Profit
×100
Profit % = \frac{2000}{10800} \times 100
10800
2000
×100
Profit % = 18.51 \%18.51%
Her gain % is 18.51%
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