1. Ram bought 6 tables each worth Rs 350 and
chairs each worth Rs 280. He sold them at th
sum of Rs 5000. How much amount did h
gain in this transaction. Half of this amoun
he donated to an orphanage. Find th
remaining amount.
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Answer:
Rs 1220 and Rs 610
Step-by-step explanation:
Cost of 1 table = Rs 350
Cost of 6 tables = Rs 350×6 = Rs 2100
also,
Cost of 1 chair = Rs 280
Cost of 6 chairs = Rs 280×6 = Rs 1680
so,
Cost price (CP) = Rs 2100 + Rs 1680 = Rs 3780
Selling price(SP) = Rs 5000
now,
Profit (P) = SP - CP
P =Rs 5000- 3780
p= Rs 1220
again,
Half of his profit = 1220/2
= Rs 610
Remaiming amount = Rs 1220 - 610 = Rs 610
Therefore,
He gained Rs 1220 in this transaction and his remaining amount is Rs 610.
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