A shopkeeper purchased 1600 mangos at the rate of ₹120 per dozen. Out of these, he sold 900 mangoes at ₹15 per mango and the remaining mangoes at ₹14 per mango. His gain percentage is:
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 45.625%.
CP of 1 mango = 120/12 = 10
CP of 1600 mangoes = 1600 × 10 = 16000
SP of all mangoes = (900 × 15) + (700 × 14)
⇒ 13500 + 9800 = 23300
Required profit percentage = [(23300 - 16000)/16000] × 100
⇒ 730000/16000 = 45.625%