Question

Question 104

In a furniture shop, 24 tables were bought at the rate of Rs. 450 per table. The shopkeeper sold 16 of them at the rate of Rs. 600 per table and the remaining at the rate of 400 per table. Find her gain or loss percent.

Answer 1

As per the given information in question,
Cost Price (CP) of per table = Rs. 450
Number of tables = 24
So, cost price of 24 tables = $24\times 450=Rs.10800$
Since, 16 tables sold at the rate of Rs. 600.
$\therefore$ Selling price of 16 tables = $16\times 600=Rs.9600$
$\therefore$ Remaining tables = 24 - 16 = 8
Since, 8 tables sold at the rate of Rs. 400.
Selling Price (SP) for 8 tables $8\times 400=Rs.3200$
Total selling price $=9600+3200=Rs.128000$
$\therefore$ Profit or gain = SP - CP = 12800 - 10800 = Rs. 2000
Now, gain $=\frac{Gain}{Costprice}\times 100\%=\frac{2000}{10800}\times 100\%=\frac{2000}{108}\%=18.51\%$
Hence, her gain is 18.51 %.