
In a furniture shop, tables were bought at the rate of Rs. per table. The shopkeeper sold of them at the rate of Rs per table and the remaining at the rate of per table. Find her gain or loss percent.
Answer
497.7k+ views
Hint: In this question, we have to find the loss or gain percentage. For that we have to find whether the shopkeeper gets gain or loss. So let us first find out the total cost value for buying the tables. Then we will find the total selling price. With the help of it we will get the total loss or gain then we can find the required solution.
Complete step-by-step answer:
It is given that, in the furniture shop, tables were bought at the rate of Rs per table.
Also, the shopkeeper sold of them at the rate of Rs per table and the remaining at the rate of per table.
We need to find out the loss or gain percentage.
Thus first we need to find out the total cost price.
The shopkeeper bought tables at the rate of Rs per table.
Therefore the total cost price =
The shopkeeper sold of them at the rate of Rs per table and the remaining that is at the rate of per table. Thus the total selling price is =
Since the selling price is greater than the cost price we can say that the shopkeeper gets gain on selling these chairs.
Here gain is given by the formula,
Total gain is =
We can gain percentage using the formula
Therefore the gain % =
Hence the gain percent of the shopkeeper is
Note: If the cost price is greater than the selling price then we can say that there is a loss for the shopkeeper and the amount of loss found using the formula .
Also while finding the gain percentage the gain amount must be placed in the numerator. We can also find the gain percentage by following method,
We get
That is
Complete step-by-step answer:
It is given that, in the furniture shop,
Also, the shopkeeper sold
We need to find out the loss or gain percentage.
Thus first we need to find out the total cost price.
The shopkeeper bought
Therefore the total cost price =
The shopkeeper sold
Since the selling price is greater than the cost price we can say that the shopkeeper gets gain on selling these chairs.
Here gain is given by the formula,
Total gain is =
We can gain percentage using the formula
Therefore the gain % =
Hence the gain percent of the shopkeeper is
Note: If the cost price is greater than the selling price then we can say that there is a loss for the shopkeeper and the amount of loss found using the formula
Also while finding the gain percentage the gain amount must be placed in the numerator. We can also find the gain percentage by following method,
We get
That is
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