Question

A furniture dealer bought 12 tables at the rate of rs.70 each and 15 chairs at the rate of 50 each.he spents rs 60 on the transporation.he sold the tables and chairs at a flat rate of rs 58 each.find his gain or loss.ans is loss rs 84 solve step by step

Answer 1

CP OF 1 TABLE = 70
CP OF 12 TABLE = 12×70= 840
CP OF 1 CHAIR=50
CP OF 15 CHAIR=15×50=750
and extra amount on transportation =60
his total cost price is equal to 840+750+60=2250
selling price of table 58×70 = 4060
selling price of chair 15 ×58=870
so total selling price is 4060+870=4930