By selling 12 chairs for RS 5400, the profit earned is equal to the cost price of 3 chairs . Then what is the cost price of each chair?
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Answer:
Rs 337.5/chair
Step-by-step explanation:
12 chairs=5400 rs
1 chair =5400/12=450
so
9chairs +3chairs =450*9+450*3=4050+1350
we can say 9 chairs cost =12 chairs
12 chairs = 4050 rs
1 chair =4050/12=337.5 rs
I think it is helpful for you
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