Question

a man purchased 3 tables at the cost of rs 2500 each and 18 chairs at the cost of rs 500 each.he sold the chair at rs 650 each.at what price should he sell each chair to make an overall profit of 10%.​

Answer 1

Answer:

Let the price of each table be x

and price of each chair be y

while purchasing

3x=2500

x=833

18y=500

y=28

while selling,

18y=650

y=36

He got the profit

36-28=8

Overall profit=10%

Profit=10/100×8

=0.8

so overall profit is 8+0.8=8.8₹

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