Nandlal bought 20 dozen notebooks at RS.156 per dozen. He sold 8 dozens of them at 10% gain and the remaining 12 dozens at 20% gain. What is his gain percent in the whole transaction?
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profit of 8 dozen = 156×8×(10/100)
= 124.8
S.P of 8 dozen = 1248 + 124.8
= 1372.8
S.P of 12 dozen = 156 ×12 (120/100)
= 2246.4
S.P(8) + S.P(12) = 1372.8+2246.4
=3619.2
C.P = 156×20
= 3120
profit = 16%
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