Question

a dealer brought 18 chairs at rs 55 per chair he sold the 12 of them at rs 65 per chair and remaining chairs at the rs 50 per chair. Find the gain or loss percentage

Answer 1

spend money of all chairs rate=55*18=990
cost price of =990
and he sold of 12 at RS 65 per chairs
=12*65=780
and remaining chairs=18-12=6
and he sold remaining chairs at the RS 50 per chairs
=6*50=300
then
selling price=780+300=1080
Gain =s.p - c.p=1080-990=90
Gain%=90*100/990=100/9

Answer 2

Answer:

A dealer purchased chair =18

price of a chair = 55×18 =990

6 chairs for a profit of Rs. 250

and he sold of 6 chairs at 250 per chair

6×250=Rs.1500

and the remaining chair =18-6=12

and he soldremaining chair at Rs.65 per chair

12×65=780

then,

selling price=1500+780= Rs.2280

gain = selling price - cost price

2280-990= Rs. 1290

gain percentage =[ 1290/990×100]= 130.30 gain