Question

In a furniture store , 24 tables were bought at the rate of Rs. 400 per table. The shopkeeper sold all the tables for Rs.10800. Find his gain % or loss %.​

Answer 1

Answer:

ʜᴇʀᴇ ɪs ʏᴏᴜʀ ᴀɴsᴡᴇʀ ⬇️

Explanation:

ɢᴀɪɴ ᴏғ 12.5 %

➡️ sᴛᴇᴘ-ʙʏ-sᴛᴇᴘ ᴇxᴘʟᴀɴᴀᴛɪᴏɴ:

➡️ ʀᴀᴛᴇ ᴏғ ᴄʜᴀɪʀs = 400 ᴘᴇʀ ᴄʜᴀɪʀ

➡️ ᴛᴏᴛᴀʟ ᴄʜᴀɪʀs ʙᴏᴜɢʜᴛ = 24

➡️ ᴄᴏsᴛ ᴘʀɪᴄᴇ ᴏғ ᴄʜᴀɪʀs = 24 x 400

= ʀs. 9,600

➡️ sᴇʟʟɪɴɢ ᴘʀɪᴄᴇ ᴏғ ᴄʜᴀɪʀs = ʀs. 10,800

sɪɴᴄᴇ, sᴘ > ᴄᴘ

➡️ ᴛʜᴇʀᴇғᴏʀᴇ, ɪᴛs ᴀ ᴘʀᴏғɪᴛ/ɢᴀɪɴ ᴏғ = sᴘ - ᴄᴘ

= ʀs. (10800 - 9600)

= ʀs. 1200

➡️ ɴᴏᴡ, ᴘʀᴏғɪᴛ % = (ᴘʀᴏғɪᴛ÷ᴄᴘ) x 100

= (1200÷9600) x 100

= 0.125 x 100

= 12.5 %

Answer 2

Answer:

Gain of 12.5 %

Step-by-step explanation:

Rate of chairs = 400 per chair

total chairs bought = 24

Cost Price of chairs = 24 X 400

= Rs. 9,600

Selling Price of Chairs = Rs. 10,800

Since, SP > CP

Therefore, its a Profit/Gain of = SP - CP

= Rs. (10800 - 9600)

= Rs. 1200

Now, Profit % = (Profit÷CP) X 100

= (1200÷9600) X 100

= 0.125 X 100

= 12.5 %