Monika baught 100 chickens each for RS 80 and sold 20 of them at a gain of 5% at what gain percent must she sell the remaining chickens so as it to gain 20% on the whole transaction?
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ɢɪᴠᴇɴ:-
- Monika bought 100 chickens each for RS 80 and sold 20 of them at a gain of 5%
ᴛᴏ ғɪɴᴅ:-
- At what gain percent must she sell the remaining chickens so as it to gain 20% on the whole transaction?
sᴏʟᴜᴛɪᴏɴ:-
➥ CP of 1 chicken = 80/100 = 0.8
➥ SP of 20 chicken = CP of 20 chicken + gain
➥ 0.8 × 20 + 5/100 (0.8 × 20)
➥ 16 (105/100)
➥ 16.8
Total SP = 80 + 20/100 (80)
➠ 120/100 × 80
➠ 96
So,
SP of other 80 chicken should be
96 - 16.8 = 79.2
➮ SP = CP + gain
➮ 79.2 = 64 (1 + x/100)
➮ 19/80 = x/100
➮ x = 19×10/8
➮ x = 23.75%
∴ Hence 23.75%, must she sell the remaining chickens so as it to gain 20% on the whole transaction.
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