Question

Ramesh bought a chair for Rs. 1540 and sold it to Suresh. If Ramesh earned a profit of 25%, find the selling
price of chair.
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Answer 1

Answer:

1925 is your answer

Step-by-step explanation:

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Answer 2

Given ; Ramesh bought a chair for Rs. 1540 and sold it to Suresh. If Ramesh earned a profit of 25%

To Find ; Sell price of chair

Solution ; Cost price of chair = Rs 1540

Profit earned in percentage =25

Profit earned in rupees = 25 % of 1540

So the profit earned is rs 385

Sale price is the price after adding profit in cost price

Sale price = Cost price + profit

= 1925

Hence the sale price is 1925