Question

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

Answer 1

Answer: Rs 203

Step-by-step explanation : cost of 10 chairs = 10 ×1 75  = Rs.1750

S.P =   [C.P(100−loss%)] /100

=   1750(100−8) /100

​= 17.5×92

= Rs. 1610

Loss = 140

Total C.P = 40 × 175 = 7000

10% profit = Rs. 700

C.P of 30 chairs = 30 × 175 = 5250

S.P of 30 chairs = 5250 + 700 + 140

= 5950 + 140

= 6090.

∴ S.P of 1 chair for getting 10 % on whole

= Rs 6090/30

= Rs 203

​  

 

=Rs. 203