Question

a dealer bought 18 chairs at 55 rupees per chair he sold 6 chair at 50 rupees per chair and the remaining chairs at 65 rupees per chair find the gain or loss%​

Answer 1

Answer:

answer is 30% profit

Step-by-step explanation:

A dealer bought 18 chairs at 55 rupees each

total cost of chairs = 18×55=990

cost price= 990

He sold six chairs at 50 rupees each

cost os 6 chairs = 6×50= 300

he sold remaining chairs at 65 rupees each

no. of remaining chairs = 18-6= 12

cost of 12 chairs = 12×65=780

selling price= 780+300 = 1080

990<1080

costprice< selling price

profit= selling price-cost price

=1080-990

=90

so this is profit

profit percentage = 100×profit/cost price

= 100×90/990=100×1/11

=100/11%

u can convert into mixed fraction

hope this helps u