A shopkeeper purchased 85 kg of potatoes for Rs. 595 and sold the whole lot at the rate of Rs. 8 per kg. What will be his gain percent? Pick.
A) 18 1/9 % B) 18 9/3 % C) 18 1/3 % D) 14 2/7 % E) 18 7/3 %
C.P. of 1 kg = 595/85 = Rs. 7
S.P. of 1 kg = Rs. 8
Gain % = 1/7 * 100 = 100/7 = 14 2/7 %
Answer: 14 2/7 %
<result>D</result>
A shopkeeper purchased 85 kg of potatoes for Rs. 595 and sold the whole lot at the rate of Rs. 8 per kg. What will be his gain percent?