Question

A man purchased 40 chairs at the rate of 72
each. 5 chairs got damaged. The rest were sold
at * 84 each. What is his profit or loss per cent
(A)profit 25/12℅
(B)loss 24 /12℅
(C)profit 60℅
(D)profit 100/49℅​

Answer 1

Answer:

(A) profit 25/12℅

Step-by-step explanation:

Cost of 1 chair = 72rupees

Cost of 40 chairs = 72 × 40rupees

= 2880 rupees

So,

CP = 2880 rupees

As 5 chairs got dameged , Number of chairs sold

= 40-5

=35

So,

SP of 1 chair = 84 rupees

SP of 35 chairs = 84×35

= 2940 rupees

As SP is greater than CP , he got profit

Profit = SP-CP

= 2940-2880

= 60 rupees

Profit% = Profit / CP × 100

= 60/2880 × 100℅

= 25/12℅