Trisha bought 100 chairs for Rs 8000 and sold 20 of these at a gain of 5%. At what gain
percent she must sell the remaining chairs so as to gain 20% on the whole?
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Step-by-step explanation:
Cost of 20 hens = 80×20 = 1600
Sold at 5% gain , selling price = 1•05× 1600
S P = 105×16 =1680
S P rest 80 hens = x× 6400
To take gain of 20% on the whole the S P will be
8000×1•2 = 9600
1680 + 6400x = 9600
6400x = 7920
x =7920/6400 = 792/640 = 1•2375
x% = (1•2375 - 1)×100 = 23•75%
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