Question

15. Salman bought 40 chairs at 175 each. He sola o
10 chairs at 175 each. He sold one-fourth of them at a loss of 8%.
At what price each must he sell the remaining chan
a must he sell the remaining chairs so as to gain 10% on the whole
deal?
​

Answer 1

Answer:

total CP of 40 chairs = 175*40 = 7000

To gain whole 10% his SP will be = 7000*110/100 = 7700

Now,

10 for 175 each sold , = 1750 rs.

(1/4) th means 10 sold at loss of 10% means = 10[ 175*90/100] = 1575

SP of 20 chairs = 1750+1575 = 3375

SP of rest 20 chairs = 7700-3375 = 4325

SP of each = 4325/20 = 216.25 (Ans.)

[ mark as brainlist if you understand my solution]