Bought 40 Chair at the rate of 200 rs each he kept 4 chair for his use and sold the other at rate of 240 rs find profit and loss
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COST PRICE OF 1 CHAIR IS RS 200
COST PRICE OF 400 CHAIRS IS RS 8000
REMAINING CHAIRS ARE 36
SELLING PRICE OF ONE CHAIR IS RS 240
SELLING PRICE OF 36 CHAIRS IS RS 8640
PROFIT OF RS 640
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