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 her gain or loss percent​

Answer 1

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%

Answer 2

Answer:

Profit of 1.85%

Step-by-step explanation:

CP = ₹10,800

SP = ₹12,800

As CP < SP, there is a profit.

Profit = ₹2,000

Profit % = (2,000/10,800)*100 = 1.85%

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