Question

Aftab bought 20 chairs at the rate of 125 per chair. 2 chairs were broken out of
them. He sold the rest at the rate of 7 140 per chair. Find his profit or loss per
cent.​

Answer 1

Answer:

CP= 20×125= 2500

SP= 7140×18 = 31320

SP is grater than CP so he is in profit

Profit = 31320-2500=28820

profit %= (profit /CP ) × 100

= (28820/2500)×100

= 11.528×100

=. 1152.8%

Ans=Aftab sold the chairs at the profit of 1152.8%