Question

19. A dealer buys 50 chairs for 50000 but 20 of them are damaged. He decides to selle damaged one at three-fourths the price of the normal one. What should this price make a profit of 35% on the whole transaction?​

Answer 1

Answer:

Step-by-step explanation:

1 chair costs = ₹ 50000/50

                    =  ₹ 1000

Cost of 1 damaged chair = 3/4 of 1 chair

                                         = 3/4 × 1000 = ₹ 750

cost of 20 damaged chair =₹ (750 × 20 )

                                            = ₹ 15000

therefore

CP = ₹50000

Profit % = 35%

SP = $(\frac{100 + Profit \%}{ 100}) X C.P$

SP = $(\frac{100 + 35 \%}{ 100}) X 50000$

SP = ₹ 67,500

AND HERE IS YOUR ANSWER

S.P. = ₹67,500

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