A dealer bought 18 toy chairs at Rs.65 per chair. He sold 12 of them at Rs.75 each and the remaining chair at Rs.60 each.find his profit or loss%
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Answer:
profit = Rs. 90
profit% = 7.69%
Step-by-step explanation:
price per chair = 65
number of chair purchased = 18
total cost = 65 × 18 = 1170
selling price of 12 chair = 75
= 75 × 12
= 900
selling price of 6 chair = 60
= 60 × 6
= 360
total selling price = 900 + 360 = 1260
profit = selling price - cost price
= 1260 - 1170
= 90
profit % = profit/cost price × 100
= 90/1170 × 100
= 7.69%
hope you get your answer
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