Question

Q. A person bought 110 glass bowls at a rate of rs. 10 per bowl. He sold 100 of them at rs. 14 and the remaining broke. What is the percentage gain for a? A) 40 b) 300/11 c) 243/7 d) 279/11

Answer 1

Answer:

a) 40%

Step-by-step explanation:

CP of 110 glass bowls=110*10=Rs.1100

CP of 100 bowls=100*10=Rs.1000

SP of 100 bowls =100*14=Rs.1500

Since SP>CP

Profit=SP-CP

=1400-1000

=Rs. 400

Profit%=P/CP*100

=400/1000+100

=40%

Answer 2

The correct option regarding percentage gain is b) 300/11.

Given:

A person bought 110 glass bowls at a rate of rs. 10 per bowl. He sold 100 of them at rs. 14 and the remaining broke.

To Find:

The percentage gain.

Solution:

To find the percentage gain we will follow the following steps:

As we know,

Cost of 1 glass = 10Rs

Cost of 110 glass (CP) = 110×10 = 1100 Rs

Selling price if 1 glass = 14Rs

The selling price of 1glassesass (SP) = 100×14 = 1400 Rs

Now,

$Percentage \: gain = \frac{cp - sp}{cp} \times 100 = \frac{1400 - 1100}{1100} \times 100 = = \frac{300}{11} \%$

Henceforth, the correct option regarding percentage gain is b) 300/11.

#SPJ3