A shopkeeper bought some sweets at 11 for 100
Later on, he again bought an equal number of
sweets at 10 for 100. He sold all the sweets at 8
for 100. Find his gain or loss per cent.
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A shopkeeper bought some sweets at 11 for 100
Later on, he again bought an equal number of
sweets at 10 for 100. He sold all the sweets at 8
for 100. Find his gain or loss per cent.
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Answer:
=31.25% gain
Step-by-step explanation:
he brought sweet at 11 and 10 for 100
total sweet 21 for 200(total cost)
cost of 1 sweet is 200/21 which is CP
now,
he sold them at 8 for 100
selling price of 1 sweet is 100/8=25/2
25/2 is greater than 200/21
hence there is a gain
gain=SP-CP
=25/2-200/11
=500/168(after simplifying
gain%=gain/CP × 100
500/168/200/21×100
=5/16×100
=31.25% gain
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Answer:
Step-by-step explanation: