A dealer buys 50 chairs
for Rs 50,000 but 20 of
them are damaged. He
decides to sell each
damaged one at three
fourths the price of the
normal one. What should
this price be in order that
he may make a profit of
35% on the whole
transaction?
Answers
Answered by
2
Answer:
Rs./- 52500
Step-by-step explanation:
cost of 1 chair : 50000/50 = 1000 rupees
as 20 are damaged he decides to sell them at 3/4 the og price , therefore
selling price of 20 damged chair = (3/4*1000)*20 = 750*20= 15000 rupees
now in order to make profit of 35% he should sell all of them at 135/100*50000=67500
therefore he should sell the remaining undamaged chairs at 67500-15000=52500 rupees for all 30 chairs or 1750 rupees for each chair that is undamaged
Answered by
1
Step-by-step explanation:
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