Question

6. Peter buys 16 chairs at 250
per chair and sells 12 of them at 275 per chair. He sells the remaining
chair at rs200 per chair. Find his gain or loss percent.
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Answer 1

16 chairs ' cost = 16× 250 = 4100 rs

12 chairs selling price is 275×12 = 3300 rs

remaining = 4 chairs

cost per chair = 200 rs

selling price = 200 ×4 = 800 rs

total selling price is 4100 .

so there is no gain and loss.

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