Purusharth purchased 300 tube lights for Rs. 35 each. However 10 tube lights got damaged. He sold the remaining tubes at Rs. 38 each. find his gain or loss per cent in the transaction.
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Cost price = 300/35 = 60/7
Selling price = 290/38 = 145/19
Now we know,
Sp = cp (1+ p%)
So,
sp/ cp =(1+p%)
(145*7)/(19/60) = 1+p%
(145*7)/(19/60) -1= p%
p%= -11.2%
This means there is loss of 11.2%
Selling price = 290/38 = 145/19
Now we know,
Sp = cp (1+ p%)
So,
sp/ cp =(1+p%)
(145*7)/(19/60) = 1+p%
(145*7)/(19/60) -1= p%
p%= -11.2%
This means there is loss of 11.2%
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Answer:
A retailer to a discount of 10%on a market price of a watch from the wholesaler in turn he sells it at its marked price. find his gain percent
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