Meena bought 2 chairs for 3650. She spent
150 on sprucing them up. If she wants to make
a profit of 12%, what should be the selling price
of each chair?
Answers
Answered by
5
Answer:
4256
Step-by-step explanation:
Cost price of two chairs = 3650
On repairing amount spent = 150
So effective cost price = 3800
For profit of 12% selling price should be
SP= CP(1 + 12/100)
= 3800(1 + 3/25)
= 3800(28/25)
= 152*28
= Rs 4256
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