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2.Rajan purchased 250 packets of blades at the rate of 8 per packet. He sold 70%of the packets at the rate of 11 per packet and remaining packets at the rate of9 per packet. Find his gain per cent. |
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Answer» Cost price of 250 packets of blades CP = 250*8 = Rs 2000 Selling price of blades SP= (70/100)*250*11 + (30/100)*250*9= 25*77 + 75*9= 1925 + 675= 2600 Therefore,Gain % = [(SP - CP)/CP]×100= [(2600 - 2000)/2000]*100= (600/20)= 30% |
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