Question

Abinav purchased two drozen chairs for rupees 9600.He then sold these at a profit equal to the C.P. of 4 chairs.Find the S.P. of one chairs

Answer 1

Answer:

467

given,24 chairs purchased for 9600,

then cost price of each chair is 9600/24=400,

given,he sold 24 chairs at profit equal to c.p of 4 chairs,

i.e,he sold 24 chairs at 9600+1600=11,200 rupees

then selling price of each chair is 11,200/24 =466.66 rupees=467(approximately)