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.
Given, CP per table = 450
Number of tables = 24
⇒ CP of 24 tables = 24 × 450 = 10800
⇒ 16 tables sold at the rate of 600
∴ Sp of 16 tables = 16 × 600 = 9600
And remaining tables = 24-16 = 8
⇒ 8 tables sold at the rate of 400
⇒ SP for 8 tables = 8 × 400 = 3200
⇒ Total SP = 9600 + 3200
= 12800
∴ Profit or gain = SP-CP
= 12800-10800
= 2000
⇒ Gain = G![]()
= ![]()
= 18.51%
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