Question

Ramesh bought a chair for Rs. 1540 and sold it to Suresh. If Ramesh eamed a profit of 25%, find the seling price of chair.​

Answer 1

Answer:

₹1,925

Step-by-step explanation:

100% ----₹1540

125% (profit of 25% which is extra)----₹X

X = 125*1540/100

X = ₹ 1,925

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Answer 2

The seling price of the chair is Rs. 1925

Given :

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

To find :

The seling price of the chair

Solution :

Step 1 of 2 :

Find the profit amount

Here it is given that Ramesh bought a chair for Rs. 1540 and sold it to Suresh.

Ramesh earned a profit of 25%

Profit amount

$\displaystyle \sf{ =Rs. \: 1540 \times \frac{25}{100} }$

$\displaystyle \sf{ =Rs. \: 385 }$

Step 2 of 2 :

Find seling price of chair

Hence seling price of chair

= Cost price + Profit amount

= Rs. 1540 + Rs. 385

= Rs. 1925

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