A dealer bought 18 toy chairs at Rs. 65 per chair he sold he sold 12 of them at the rate of 75 each and the remaining chairs at Rs. 60 each. Find his profit or loss %
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Answer:
Step-by-step explanation:
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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