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 R 600 per table and the remaining at the
rate of 400 per table. Find his gain or loss percent.
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Answer:
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%
Step-by-step explanation:
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