rajan purchased 250 packets of blades at the rate of rupees 8 per packet. He sold 70% of the packets at the rate of ₹ 11 per packet and remaining packet at the rate of ₹ 9 per packet. find his gain per cent.
Answers
Answer:
Gain in percent - 30%
Step-by-step explanation:
Number of packets = 250
Cost of each packet = Rs 8
Therefore , Total cost = Rs ( 250 × 8 )
= Rs 2000
70% of packets = 70/100 ×250 = 175
Selling price of 175 packets = Rs ( 175 × 11 )
= Rs 1925
Remaining packets = 250 - 175 = 75
Selling price of remaining packets = Rs ( 75 × 9 )
= Rs 675
Therefore , Total selling price = Rs ( 1925 + 675 )
= Rs 2600
Hence , net gain = Total selling price - Total cost price
= Rs ( 2600 - 2000 )
= Rs 600
Now , gain% = Gain / Total cost price × 100
= 600/2000× 100
= 30%
Hence , if gain percent is 30%