Rajan purchased 250 packets of blades at the rate of of rupees 8 per packet he sold 70% it is the packet @ rupees 11 per packet and remaining packet @ rupees 9 per packet find his gain percent
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Profit gained by Rajan is 30%
Step-by-step explanation:
1 packet cost rs 8.
250 packets cost rs 250 × 8 = rs 2000.
Therefore, cost price = rs 2000.
He sold 70% packets at the rate of rs 11.
No. of packets sold = 250×70÷100 = 175 packets.
175 packets were sold at the rate of rs 11.
Therefore, selling price of 175 packets is 175 × 11 = rs 1925.
He sold remaining 30% packets at the rate of rs 11.
No. of packets sold = 250×30÷100 = 75 packets.
Therefore selling price of 75 packets = 75 × 9 = rs 675.
Total selling price= 1925+675 = rs 2600.
He gained a profit of rs 600.
profit percent= (selling price - cost price) × 100 ÷ cost price i.e (2600-2000) ×100 ÷ 2000 = 30%.
Therefore, he gained a profit of 30%.
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2
cp=250×8
=₹2000(actual cp)
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