Question

Peter buys 16 chairs at 250 per chair and sells 12 of them at 275 per chair. He sells the remaining chairs at 200 per chair. Find his gain or loss percent.
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Answer 1

Answer:

yes

Step-by-step explanation:

yes I am in the camera and face and face

Answer 2

Answer:

Cost price of 16 chair = 16*250

= 4000

Selling price of 12 chair = 12*275

= 3300

Selling price of remaining chair = 4*200

= 800

Actual selling price = 3300 + 800

= 4100

Here, S.P > C.P

So gain = 4100 - 4000

= 100

So, gain% = gain / C.P * 100

= 100/4000 *100

= 2.5%