Question

a shopkeeper bought 24 chairs at the rate of rs 45 per chair. he sold 16 of them at the rate of rs 600 per chair and the remaining at the rate of 400 per chair. find gain or loss percent

Answer 1

(I think it will be 450 per chair, not 45 ...as it is not comparable to the SPs u have given) Total CP=450*24=10800 Total SP=16*600+8*400=9600+3200=12800 Profit =12800-10800=2000 Profit %=2000/10800*100 =18.5%[rounded off]