Question

In a Furniture shop, 24 tables were bought at the rate of Rs.450 per table. The shopkeeper sold 16 of them at the rate of Rs.600 per table and the remaining at the rate of Rs.400 per table. Find his gain or loss percent.

Answer 1

cp=₹450*16=₹7200
sp=₹600*16=₹9600
cp<sp
gain=sp-cp=₹2400

cp=₹450*8=₹3600
sp=₹400*8=₹3200
cp>sp
loss=cp-sp=₹400

gain>loss
net gain=gain-loss
=₹2400-400
=₹2000

gain%=(gain/cp)*100
=(2000/450*24)*100
=(2000/10800)*100
=500/27%

Answer 2

Answer:

18.5 %

Step-by-step explanation: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 18.5%