Advertisements
Advertisements
Question
In a furniture shop, 24 tables were bought at the rate of ₹ 450 per table. The shopkeeper sold 16 of them at the rate of ₹ 600 per table and the remaining at the rate of 400 per table. Find her gain or loss percent.
Advertisements
Solution
As per the given information in question,
Cost Price (C.P.) of per table = ₹ 450
Number of tables = 24
So, cost price of 24 tables = 24 × 450 = ₹ 10800
Since, 16 tables sold at the rate of ₹ 600.
∴ Selling price of 16 tables = 16 × 600 = ₹ 9600
∴ Remaining tables = 24 – 16 = 8
Since, 8 tables sold at the rate of ₹ 400.
Selling price (S.P.) for 8 tables = 8 × 400 = ₹ 3200
Total selling price = 9600 + 3200 = ₹ 12800
∴ Profit or gain = S.P. – C.P.
= 12800 – 10800
= ₹ 2000
Now, gain = `"Gain"/"Cost price" xx 100%`
= `2000/10800 xx 100%`
= `2000/108%`
= 18.51%
Hence, her gain is 18.51%.
APPEARS IN
RELATED QUESTIONS
Amita purchased a handbag for Rs.3000 and sold it at 20% above the cost price. If Rs. 360 is paid as tax on it, find her net profit and profit percentage.
By selling 12 glasses for Rs.600 a shopkeeper makes a profit of 25%. Find his profit or loss percent when he sells 15 glasses for Rs.540.
A milkman purchases milk at the rate of rs. 14 per litre and then mixes 40% water to it. Find the profit per cent, if he sells the mixture at Rs. 6 per litre.
A man sells 4 identical kites for Rs. 12 and makes a profit of 20%. If he sells 6 such kites for Rs. 24, find his gain or loss percent.
Maganlal bought trousers for Rs 400 and a shirt for Rs 200 and sold them for Rs 448 and Rs 250 respectively. Which of these transactions was more profitable?
The cost of a flower vase is Rs. 120. If the shopkeeper sells it at a loss of 10%, find the price at which it is sold.
Joseph bought a machine for Rs. 23500. He paid Rs. 1200 for transport and Rs. 300 as tax. If he sold it to a customer for Rs. 24250, what was his percent profit or loss?
Saritaben bought 18 chairs each at Rs. 700 and sold them all for Rs. 18900. What was the percentage of her profit or loss?
If a bicycle was bought for ₹ 650 and sold for ₹ 585, then the percentage of profit is 10.
A tea merchant blends two varieties of tea in the ratio of 5 : 4. The cost of first variety is ₹ 200 per kg and that of second variety is ₹ 300 per kg. If he sells the blended tea at the rate of ₹ 275 per kg, find out the percentage of her profit or loss.
