Peter buys 16 chairs at ₹250 per chair and sells 12 of them at ₹275 per chair.he sells the remaining shares at rupees 200 par chair. find his gain or loss percent.
Answers
Step-by-step explanation:
Cost prize of 16 chair = 16×250
= ₹4,000
Selling prize of 12 chair = 12×275
= ₹3300
Selling prize of remaining chair = 4 × 200
= ₹ 800
Acutall selling prize = ₹3300+800
= ₹ 4100
Here, S. P > C. P
So, gain = ₹4100 - 4000
= ₹ 100
. ' . gain % = gain/C. P ×100
= 100/4000 × 100
= 2.5 %
Hence, gain per cent is 2.5 %.
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Answer:
Gain% = 25%
Step-by-step explanation:
Cost prize of 16 chair = 16×250
= ₹4,000
Selling prize of 12 chair = 12×275
= ₹3300
Selling prize of remaining chair = 4 × 200
= ₹ 800
Actual selling prize = ₹3300+800
= ₹ 4100
Here, S. P > C. P
So, gain = ₹4100 - 4000
= ₹ 100
so, gain % = gain/C. P ×100
= 100/4000 × 100
= 2.5 %
Hence, gain% = 2.5 %.
I hope you like it and mark brainiest answer.