in a furniture shop 24 were bought at the rate of rupees per table the shopkeeper sold 16 of them at the rate of 600 rs per table and remains at the rate of 400 per table find his gain or loss percentage
amitnrw:
at what rate 24 were bought ?
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Answer:
18.52% Gain
Step-by-step explanation:
cost price = 24 * 450 = 10800
16 sold at Rs 600 = 16*600 = 9600
remaining 24-16 = 8 sold at Rs 400 = 8 * 400 = 3200
Selling Price = 9600 + 3200 = 12800
Gain = 12800-10800 = 2000
Gain % = {2000/10800}*100
= 2000/108
= 18.52 %
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