A furniture dealer imports 15 chairs at a total cost of rs 3675 if he sells away each chair at a cost of rs 290 ,find the total profit he makes.What profit does he make on each chair?
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cost of a chair = 3675÷15
= 245 rs
S. p. of a chair = 290 rs
profit on a chair = c. p. - S. p.
= 290-245 rs
= 45 rs
= 245 rs
S. p. of a chair = 290 rs
profit on a chair = c. p. - S. p.
= 290-245 rs
= 45 rs
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