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 her gain or loss
per cent.
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Answer:
She gained a profit of ₹2000.
Explanation:
Let us calculate the cost price of table
450*24= ₹10800
Now let us calculate the selling price of tables
600*16=9600
400*8=3200
Total selling price
9600+3200=12800
She gained a profit of ₹2000.
Now let us calculate in percentage
10800/12800*100=84.375%
Therefore she gained a profit of 84.375%
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