Answer :
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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