making a net gain of 20% on selling all the soft toys?
16. A gift shop owner has 5 soft toys which he bought
at 680 each. He sold two at 14% profit. Calculate
his profit per cent if he sells the remaining soft toys
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2
Answer:
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Step-by-step explanation:
Step-by-step explanation:
Given:
Here total cost = = 3400
Net gain he want = 20 % of 3400 = = 680
already he sold two at 14 % profit,
Thus profit = = 190.4
Remaining 3 toy he want profit of 680 - 190.4 = 489.6
thus each wiil be sold at profit of = 163.2
thus profit % =
=
= 24%
Thus his profit percent if he sells the remaining soft toys will be 24%.
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