Rinku bought 20 shirts at ₹300 per piece. He sold 15 of them at ₹350 each and remaining at ₹280 each. find his gain or loss per cent.
Answers
Answer:
CP of each pair of shoes = Rs300
Total CP of 20 pairs=300×20= Rs 6000
Total SP of 15 pairs =350×15= Rs 5250
Total SP of 5 pairs =280×5= Rs 1400
Total SP of 20 pairs =5250+1400= Rs 6650
Gain = SP − CP=6650−6000= Rs 650
Gain%=
CP
Gain
×100
=
6000
650
×100=10.83%
Step-by-step explanation:
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Answer:
10.83%
Step-by-step explanation:
Given that Rinku bought 20 shirts at ₹300 per piece. He sold 15 of them at ₹350 each and remaining at ₹280 each.
We need to find out the gain or loss per cent.
Now,
Cost price of each shirt is ₹ 300.
Cost price of 20 shirts = 300 × 2 = ₹ 600
Similarly,
Selling price of each shirt is ₹ 350.
Selling price of 15 shirts = 350 × 15 = ₹ 5250
Total shirts are 20 and 15 of them are sold. So, left number of shirt is 5.
Selling price of 5 shirt = 280 × 5 = ₹ 1400
So,
Total selling price of 20 shirts = Selling price of 15 shirts + Selling price of 5 shirts
= 5250 + 1400
= ₹ 6650
Gain% = Gain/Cost Price × 100
Formula for finding Gain = Selling price - Cost Price
= 6650 - 6000
= 650
Therefore,
Gain% = 650/6000 × 100
= 65/6
= 10.83%