In a furniture store , 24 tables were bought at the rate of Rs. 400 per table. The shopkeeper sold all the tables for Rs.10800. Find his gain % or loss %.

In a furniture store , 24 tables were bought at the rate of Rs. 400 pe

1.	In a furniture store , 24 tables were bought at the rate of Rs. 400 per table. The shopkeeper sold all the tables for Rs.10800. Find his gain % or loss %.
Answer» 12.5 %Step-by-step explanation:Rate of chairs = 400 PER chairtotal chairs bought = 24Cost Price of chairs = 24 X 400 = Rs. 9,600Selling Price of Chairs = Rs. 10,800Since, SP > CPTherefore, its a PROFIT/Gain of = SP - CP = Rs. (10800 - 9600) = Rs. 1200Now, Profit % = (Profit÷CP) X 100 = (1200÷9600) X 100 = 0.125 X 100 = 12.5 %

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In a furniture store , 24 tables were bought at the rate of Rs. 400 per table. The shopkeeper sold all the tables for Rs.10800. Find his gain % or loss %.​

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In a furniture store , 24 tables were bought at the rate of Rs. 400 per table. The shopkeeper sold all the tables for Rs.10800. Find his gain % or loss %.