Question

Afsarchacha made two wooden chair with same price and he put the market price for each
chair as Rs. 1250. He made a profit of 15% by selling one chair at 8% discount. If he sold the second chair at Rs. 1120, then let us calculate his over-all percentage of profit ?​

Answer 1

Total gain percentage on both the chairs = 13.5%

Step-by-step explanation:

we have given,

First chair

• Markup price = 1250

• profit = 15%

• Discount = 8%

second chair

• selling price = 1120

We have to the cost price of both the chairs

Let's assume that cost price = 100

Selling price = cost price + profit

selling price = 100+15 =115

Markup price = selling price + discount on Markup price

• => (100-8=92)

Marked price = 115 × 92/100=125

And ,125 = 1250

which means cost price = > 100 = 1000

First chair sold at 15%

• => 1000×15/100=150

Selling price = cost price + profit

• => 1000+150=1150

second chair sold at = 1120

Total profit = 150+120=270

Total percentage gain at the selling of both chair

• =>270/2000×100=13.5%

Answer = 13.5%

Answer 2

here is your answer