Question

A dealer purchased 20 chairs at ₹255 per chair. He sold 12 chair at ₹275 per chair and the remaining chair at ₹200 per chair. Find his gain per cent​

Answer 1

Answer:

Step-by-step explanation:

cost of 1 chair = 225

cost of 20 chairs = 225 × 20 = 4500

12 chairs sold at Rs. 275 per chair

total selling price of 12 chairs

= 275 × 12 = 3300

8 chairs sold at Rs. 200 per chair

total selling price of 8 chairs

= 200 × 8 = 1600

total selling price

= 3300 + 1600

= 4900

profit = selling price - cost price

= 4900 - 4500

= 400

profit% = profit/cost price × 100

= 400/4500 × 100

= 400/45

= 8.88%

hope you get your answer