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Question

A farmer bought 100 hens for 4000, sells 20 of them at a gain of 5%. At what gain % must he sell so as to gain 20% on the whole?

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Solution

From question,
Price of 100 hen =4000
Price of 1 hen =4000100=40
He sells 20 hens at a gain of 5%
So, selling price of those 20 hens =20×[100+Profit %100×C.P]
=20×[100+5100×40]
=20×[105100×40]
=20×[1055×2]
=20×[21×2]
=20×42
=840
On the whole he wants 20% profit which means the profit he wants =20100×4000
=20×40
=800
Price of 80 hens =80×40=3200
From 800 he already got Profit Of 40 Which Means he has to get More 760
Gain Percentage (%)=ProfitC.P×100
=7603200×100
=198
=23.75%
Hence, the required gain percentage =23.75%


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