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:
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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