Question

Raju bought 100 flower pots for ₹ 8000 and sold 20 of them at a gain of 5% .At what gain percent should be sell the remaining pots to gain of 20% on whole

Answer 1

At 23.75% gain he should sell the remaining pots to gain of 20% on whole

Given, Cost Price of 100 flower pots = Rs 8000

So, CP of 1 flower = Rs(8000/100) = Rs 80

CP of 80 flowers = Rs (80×80) = Rs 6400

Raju wants to gain 20% on the whole.

So, Selling Price must be (100+Profit)% of CP

= (100+20)% of 8000

= Rs 9600

He sells 20 of them at 5% gain

CP of 1 flower = Rs 80

So, CP of 20 flowers = Rs (80×20) =Rs 1600

SP at 5% profit = (105% of Rs 1600) = Rs 1680.

To sell the (100 - 20 = 80) remaining flowers to gain 20% profit overall, he must sell them for Rs (9600-1680) = Rs 7920

So, SP of 80 flowers = Rs 7920

CP of 80 flowers = Rs 6400

Gain value = Rs (7920 - 6400) = Rs 1520

Gain% = [Gain/CP× 100]%

          = [1520/6400 × 100]% = 23.75%

Gain% on the 80 flowers must me 23.75%

Answer 2

23.75ijaannajiajanananakkakakak