A retailer sold 150 chairs each at the rate of Rs.843 per chair. He gained by the cost price of 25 chairs. What is his
profit percentage?
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Answer:
CP of 150 chairs=Rs. 843*150=Rs. 126450
Profit =Rs. 843*25=Rs. 21075
Step-by-step explanation:
P%=21075*100/126450
=16.66%
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