Question

A merchant bought 18 tables at the rate of 550.00 each and 72 chairs at the rate of 350.00 each. He spent 300.00 on transportation. He sold the tables and the chairs at a flat rate of * 415.00 each. Find his gain or loss.​

Answer 1

Total Cost Of Tables - 18x550 = 9900

Total Cost Of Chairs - 72x350 = 25200

Total Stuff = 72+18 = 90

Total Cost = 25200+9900 = 35100

35100 / 90 = 390

415-390 = 25

25x90 = 2250

So he got a Profit of 2250 Rupees

I hope this helped