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Select the correct answerA retailer purchases goods from a whole seller for Rs.1800. The retailer bears additional expense of Rs.300 on carriage of goods by his servant and he sold the goods to the consumer Rs.2300. Find the percent gain?Options11%9.52%23%18%

Question

Select the correct answerA retailer purchases goods from a whole seller for Rs.1800. The retailer bears additional expense of Rs.300 on carriage of goods by his servant and he sold the goods to the consumer Rs.2300. Find the percent gain?Options11%9.52%23%18%

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Solution

To find the percent gain, we first need to calculate the total cost for the retailer.

Step 1: Calculate total cost The retailer purchased the goods for Rs.1800 and had an additional expense of Rs.300 for carriage. So, the total cost is Rs.1800 + Rs.300 = Rs.2100.

Step 2: Calculate the gain The retailer sold the goods for Rs.2300. So, the gain is the selling price minus the total cost, which is Rs.2300 - Rs.2100 = Rs.200.

Step 3: Calculate the percent gain The percent gain is the gain divided by the total cost, multiplied by 100. So, the percent gain is (Rs.200 / Rs.2100) * 100 = 9.52%.

So, the correct answer is 9.52%.

This problem has been solved

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