In a furniture shop 25 tables were bought at the rate of 450 oer table the shopkeeper sold 16 of the at the rate of 600 oer table and the remaining at the rate of 400 per table find loss andd gain percent
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Answer:
17 1/3 % gain
Step-by-step explanation:
Cost price of all the 25 tables is
=> 25× 450 = 11250 RS
now 16 of them sold at rate of 600 and remaining at 400 RS per table
it means
=> 16×600+ (25-16)×400
=> 9600+ 3600
=> 13200 rs
cost price of all furniture is 11250
and selling price is 13200
gain is = 13200-11250 = 1950 RS
gain %age is
=> 1950/11250×100
=> 1950×2/225
=> 3900/225 = 17 1/3
17 1/3 % profit
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