Rohan by 16 chairs at rupees 250 per chair and sells 12 of them at rupees 275 per chair. he sells the remaining chairs at 200 per chair . find the gain or loss percent
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Answer:
Profit % =2.5%
Step-by-step explanation:
Rohan bought 16 chairs for ₹250 each
=250*16=₹4000
He sold 12 of them for ₹275 each
=275*12=₹3300
And remaining chairs i. e. 4 chairs for₹200
=300*4=₹800
Therefore total S. P. =3300+800=4100
Profit =S. P. - C. P.
=4100-4000
=₹100
profit %=100/4000*100
=2.5%
I hope the answer will help you mate
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