Ravish bought 100 articles for rs 4000.he sold 20 of them at a gain of 5% . At what gain percent must he sell the remaining articles so as to gain 20% on the whole?
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Answer:
CP of 1 article =4000/100 = Rs 40
he sells 20 articles at a gain of 5%
So,
selling price of those 20 articles =
40*20 + 40*20*5/100
=800+40
= Rs 840
on the whole he wants he wants 20% profit
which means of profit he wants =20/100
*4000
= Rs 800
CP of 80 articles = 80*40 = Rs 3200
from Rs 800 he already got profit of Rs 40 Which means he has to get More Rs 760
P% = P/CP* 100
=(760/3200)* 100
= 23.75%
Step-by-step explanation:
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