Question

Ravish bought 100 articles for 4000 rs. He sells the remaining articles so as to gain a 20% profit on the whole.

Answer 1

Ravish sells the remaining articles for 2880 rs to gain a 20% profit on the whole.

Step-by-step explanation:

Ravish bought 100 articles for 4000 rs. To find the selling price, let's calculate the cost price of each article.

Cost price per article = Total cost price / Number of articles = 4000 / 100 = 40 rs

To gain a 20% profit on the whole, the selling price should be 20% more than the cost price.

Profit = 20% of the cost price = 20/100 * 4000 rs = 800 rs

Selling price per article = Cost price per article + Profit per article = 40 rs + 8 rs = 48 rs

Now, he sells the remaining articles, which means he sells 100-40=<<100-40=60>>60 articles.

Total selling price = Selling price per article * Number of articles = 48 rs * 60 = 2880 rs

Therefore, Ravish sells the remaining articles for 2880 rs to gain a 20% profit on the whole.