Question

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 1

Answer:

Answer

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Cost price of 1 table =Rs.450

Hence, cost price of 24 tables =24×450=Rs.10800

Selling price of 16 tables =16×600=Rs.9600

Selling price remaining tables (8)

=8×400=Rs.3200

Selling price of 24 tables =9600+3200=12800

Here, S.P.>C.P.

Therefore, gain of =12800−10800=Rs.2000

Gain%=

10800

2000

×100=18.5%

Answer 2

Answer:18.5%

Step-by-step explanation:

CP of 1 table = Rs.450

CP of 24 tables = 450 × 24 = 10800

The shopkeeper sold 16 of them at the rate of ` 600 per table

SP of 16 table = 16 × 600 = 9600

Remaining tables = 24 - 16 = 8

The shopkeeper sold remaining tables at rate of rs . 400 per table

SP of 8 tables = 400 × 4 = 3200

SP of 24 tables = 9600+3200=12800

SP > CP

So, profit

Profit = SP - CP = Rs.12800 - Rs. 10800 = Rs. 2000

Profit % = (profit / CP) × 100

Profit % = (2000/10800) × 100

Profit % = 18.51%

Her gain % is 18.51%

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