Question

@ Am
magn buys tou chairs and sells 60 chairs at a-
profit 15%,Q0 at a gain of how and the next at a gain
of 20%.
If he had fold all at 16" gain, he would have
gained of 80 more. Find the copt price of a chair.
-​

Answer 1

Answer:

Given, For 12 months, rate =6%

∴ For 4 months, rate =126×4=2%

⇒ So value of chair =(600+2%of600)

                                   =Rs.612

Chair is sold for Rs.765

so, gain ={CP(SP−CP)×100}%

              ={(612765−612)}%

              =25%

Hence, the answer is 25%.