Question

A dealer in furniture bought 30 chairs at rupees72 each. He polished them spending rupees240 for the lot. he sold them at Rupees100 per chair.Find the percent of gain?

Answer 1

Answer:

cp of chair=(72×30)+240

=2160+240

=2400

SP=30×100

=3000

gain=3000-2400=600

gain%=600×100/2400

=25%

Answer 2

Answer:

Buying

1 Chair = 72rs

30 Chairs = 30 × 72

= 2160

2160 + 240

= 2400

Selling

1 Chair = 100

30 Chairs = 30 × 100

= 3000

3000 - 2400

= 600