AI Mentor

Check Your IQ

Free Expert Demo

Try Test

Courses

Dropper NEET Course Dropper JEE Course Class - 12 NEET Course Class - 12 JEE Course Class - 11 NEET Course Class - 11 JEE Course Class - 10 Foundation NEET Course Class - 10 Foundation JEE Course Class - 10 CBSE Course Class - 9 Foundation NEET Course Class - 9 Foundation JEE Course Class -9 CBSE Course Class - 8 CBSE Course Class - 7 CBSE Course Class - 6 CBSE Course

Offline Centres

In a furniture shop, 24 tables were bought for ₹ 450 per table. The shopkeeper sold 16 tables at the price of ₹ 600 per table and the remaining at the price of 400 per table. How much is his gain or loss percent?

see full answer

Your Exam Success, Personally Taken Care Of

1:1 expert mentors customize learning to your strength and weaknesses – so you score higher in school , IIT JEE and NEET entrance exams.

An Intiative by Sri Chaitanya

18.52%

10%

12.54%

13%

answer is A.

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

NEET

Foundation JEE

Foundation NEET

CBSE

Detailed Solution

Given, in a furniture shop, 24 tables were bought for ₹ 450 per table. The shopkeeper sold 16 tables at the price of ₹ 600 per table and the remaining at the price of 400 per table.
His investment = Number of tables

\times

Cost of each table
= 24

\times

450
= ₹ 10800
Earnings = Number of tables

\times

Cost of each table
= 16

\times

600 + (24 - 16)

\times

400
= 9600 + 3200
= ₹ 12800

Profit or loss percent = \frac{earnings - investment}{investment} \times 100

Profit or loss percent = \frac{12800 - 10800}{10800} \times 100

Profit or loss percent = \frac{2000}{10800} \times 100

Profit or loss percent = 0.1852 \times 100

Profit or loss percent = 18.52%
Since the percent is positive, he got a profit of 18.52%.
Hence, option 1 is correct.

Watch 3-min video & get full concept clarity

courses

No courses found

Result Producing online coaching for JEE/NEET of south India

Largest All India Test Series for JEE/NEET

Best Online Course for IIT JEE

Best Online Course for NEET

Best Online Course for CBSE

Ready to Test Your Skills?

Check your Performance Today with our Free Mock Test used by Toppers!

Take Free Test

Get Expert Academic Guidance – Connect with a Counselor Today!