Nilesh bought 420 notebooks for 3990. Out of these, 6 were lost in transportation. He sold the
remaining notebooks at the rate of 144 per dozen. If the cost of transportation is 420, find the
gain or loss percent.
Answers
558 Rs Profit
Step-by-step explanation:
Nilesh bought 420 Books for 3990 + 420 = 4410
Out of 420 Books 6 Lost 420 - 6 = 414
Nilesh Sold 414 books at the Rate of 144rs per Dozen Means 12 Rs / Book .
So Price of Books Sold = 414 x 12 = 4968 Rs
So 4968 - 4410 = 558 Rs Profit
If the cost of transportation is Rs. 420 on Rs. 3990 and 6 were lost in transportation, then the gain per cent is 14.28%.
Step-by-step explanation:
Cost of 420 books = Rs. 3990
Cost of transportation = Rs. 420
∴ Total Cost of 420 books including transportation charges = 3990 + 420 = Rs. 4410
It is given that, 6 books out of 420 books were lost during transportation, so no. of books left will be = 420 – 6 = 414
∴ The cost of 414 books will be = [4410/420] * 414 = Rs. 4347 ….. (i)
Also given that, remaining 414 books were sold at Rs. 144/dozen
∴ The S.P. of 414 books will be = [144/12] * 414 = Rs. 4968 ….. (ii)
From (i) & (ii), we can see that S.P. > C.P., therefore Nilesh will make a profit in the transaction.
Thus,
The gain per cent is,
= [(S.P. – C.P.)/C.P.] * 100
= [(4968 - 4347)/4347] * 100
= [621/4347] * 100
= 14.28%
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