Sudhir bought an almirah for Rupees 13600 and spend rupees 400 on his transportation in he sold it for rupees 16800 find his gain percent
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(16800- (13600+400)) /14000 = 20%
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Cost price of almirah= Rs.13600= CP
Overhead expenses= Rs.400= OE
Total cost price= CP+OE= 13600+400= Rs. 14000
Selling price of almirah= Rs.16800= SP
Gain= SP-CP
=16800-14000
=Rs.2800
Gain %= Gain/CP ×100
=2800/14000 ×100
=2800/140
=20
Answer: The gain percent on selling the almirah is 20%.
Hope it helps! :)
Overhead expenses= Rs.400= OE
Total cost price= CP+OE= 13600+400= Rs. 14000
Selling price of almirah= Rs.16800= SP
Gain= SP-CP
=16800-14000
=Rs.2800
Gain %= Gain/CP ×100
=2800/14000 ×100
=2800/140
=20
Answer: The gain percent on selling the almirah is 20%.
Hope it helps! :)
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