Question

salman bought 40 chairs at 175 each. he sold one-fourth of them at a loss of 8% , answer is 102 please step by step explaine​

Answer 1

Salman bought 40 chairs at Rs 175 each. He sold one-fourth of them at a loss of 8% at what price each must he sell the remaining chairs so as to gain 10% on the whole?

ANSWER

cost of 10 chairs =10×175

=Rs.1750

S.P =  

100

[C.P(100−loss%)]

​  

 

=  

100

1750(100−8)

​  

 

=17.5×92

=Rs. 1610

Loss =140

Total C.P = 40×175=7000

10% profit = Rs. 700

C.P of 30 chairs = 30×175=5250

S.P of 30 chairs =5250+700+140

=5950+140

=6090.

∴ S.P of 1 chair for getting 10 % on whole

=Rs  

30

6090

​  

 

=Rs. 203