1. A furniture dealer bought 10 tables at the rate of
* 90.00 each and 15 chairs at the rate of * 75.00 each.
He spent 50.00 on the transportation. He sold the
tables and chair at a flat rate of 88.00 each. Find his
gain or loss.
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it is gain of 1005rs by sold chairs and tables at rs 88
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Answer:
Amount spent for 10 tables = 10 × 90 = 900
Amount spent for 15 chairs = 15 × 75 = 1125
Amount spent for transport = 50
Total amount spent = 900 + 1125 + 50 = 2075
Total no.of chairs and tables = 10 + 15 = 35
Amount recieved by the dealer by selling at 88 rupees per item
= 35 × 88 = 3080
Amount recieved is greater than the amount the dealer spent. So, the dealer gets a gain.
Gain = 3080 - 2075 = 1005
Therefore, The gain of the dealer = ₹1005
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