Question 1066277
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a trader bought 600 biscuits at £1000. 20% of them were stolen and he sold the rest at 10 for £25. find the loss or gain?
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20% of 600 is 0.2*600 = 120.


Hence, 120 biscuits were stolen and 600 - 120 = 480 were sold at  10 for  £25.


So, the trader collected {{{(480/10)*25}}} =  £1200.


He gained  £1200 - £1000 =  £200.
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