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articles are bought at ₹45 per dozen and sold at ₹85per score.find the gain or loss percent
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Answer:
Gain per cent is 1313%
Explanation:
As articles are bought at Rs.45 per dozen,
unit buying rate is 4512=154=Rs.3.75
As they were sold at Rs.85 per score,
unit selling rate is 8520=Rs.4.25.
As such there is a gain of 4.25−3.75=Rs.0.50 on each Rs.3.75.
and gain per cent is 0.503.75×100=50375×100%
= 250153375×20100%
= 403=1313%
Gain per cent is 1313%
Explanation:
As articles are bought at Rs.45 per dozen,
unit buying rate is 4512=154=Rs.3.75
As they were sold at Rs.85 per score,
unit selling rate is 8520=Rs.4.25.
As such there is a gain of 4.25−3.75=Rs.0.50 on each Rs.3.75.
and gain per cent is 0.503.75×100=50375×100%
= 250153375×20100%
= 403=1313%
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