Question

A dealer bought 25 chairs for Rs 12,350. Find the cost of one chair.

Answer 1

Answer:

494rupees

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Answer 2

Answer:

Let SP of each chair = x

So SP of 25 chairs = 25x

Now profit = 5x

So, SP - P = CP

=> 25x - 5x =12,350

=> x = 494

the cost of chair is Rs.494