percent?
A bookseller buys 500 pencils at 4 each. He sells 300 of them at 5 each and the rest at 6 each
Find his gain per cent.
with statement solution
Answers
Given:
A bookseller buys 500 pencil at rupees 4 each he sells 300 of them at rupees 5 each and the rest at rupees 6 each
To find:
Find his gain percent
Solution:
He brought 500 pencils at 4 each = 500 * 4 = Rs 2000
He sold 300 at Rs.5, 300 * 5 = 1500
Rest of the pencils = 500 – 300= 200 were sold at 6 rupees each,
200 * 6 = 1200
The total pencils were sold at = 1500 + 1200 = 2700.
He gained 700 rupees, hence 2000 * x / 100
x = 35%
Answer:
35%
Step-by-step explanation:
CP= 500 X 4
= 2,000 rs
SP for 300 pencils for 5 each = 300 X 5
= 1,500 rs
SP for 200 pencils for 6 each = 200 X 6
= 1,200 rs
Total SP = 1,500 + 1,200
= 2,700 rs
2,000 < 2,700
therefore, there is a profit
profit = SP - CP
= 2,700 - 2,000
= 700
profit percentage = profit X 100
CP
= 700 X 100
2,000
= 35%